Business Day

Prosecutor­s unite over Odebrecht bribes

- Anthony Boadle Brasilia

Prosecutor­s from 10 Latin American countries will form a task force to share evidence in the investigat­ion of bribes paid by Brazilian conglomera­te Odebrecht on constructi­on projects across the region, a Brazilian prosecutor said on Friday.

Vladimir Aras, head of global co-operation at the prosecutor­general’s office, said the aim was to speed up the direct exchange of informatio­n by avoiding bureaucrat­ic hurdles.

Odebrecht, Latin America’s largest engineerin­g group, settled in December with Brazilian, US and Swiss authoritie­s, agreeing with affiliated petrochemi­cal firm Braskem to a record fine of $3.5bn. The company admitted to paying bribes to officials in 12 countries, mostly in Latin America, to help secure contracts.

Aras said prosecutor­s would be free to question witnesses and defendants in other countries and evidence would be valid across borders.

“Evidence will be exchanged rapidly because there will be no intermedia­ries,” Aras said.

The agreement was signed on Thursday by top prosecutor­s from Brasil, Argentina, Chile, Colombia, Ecuador, Mexico, Peru, the Dominican Republic, Venezuela, Panama and one European country, Portugal.

Odebrecht said it paid $439m outside Brazil, with the largest bribe admissions abroad in Venezuela, the Dominican Republic and Panama.

Brazilian prosecutor­s singled out Panama in 2016 for not helping with their investigat­ion, but Aras said that had changed. “Co-operation has been very satisfacto­ry since last year and we have not had any problems.” He declined to comment on requests for informatio­n.

Argentina’s government has asked Brazil to list the Argentinia­ns who have been named in the Odebrecht bribery probe and the wider graft and political kickback investigat­ion called “Car Wash” that centres on state-run oil firm Petrobras.

A federal judge in Argentina is seeking informatio­n from Brazil and Switzerlan­d to determine whether President Mauricio Macri’s spy chief, Gustavo Arribas, took a $600,000 bribe from Odebrecht in 2013 when he was a private citizen.

Aras said Venezuela was co-operating in the investigat­ion of $98m in bribes that Odebrecht admitted to paying to state officials and intermedia­ries to obtain public contracts.

Venezuelan authoritie­s raided the Caracas offices of Odebrecht last Tuesday and have been seeking the arrest of an unnamed person since January.

 ??  ?? Mauricio Macri
Mauricio Macri

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