Argentine prosecutors are probing close to 100 companies, among them Brazilian firms, in an investigation into the suspected payment of bribes to government officials, a source with direct knowledge of the investigation said.
The Argentine probe stems from Brazil’s “Operation Car Wash” graft case, which has resulted in the jailing of some company executives, criminal charges against former President Luiz Inacio Lula da Silva and which threatens to topple his successor, Dilma Rousseff.
An Argentine prosecutor said last week that the local unit of Brazilian construction giant Odebrecht SA [ODBES.UL] is under investigation in Argentina for possible bribery. A Brazilian court sentenced Odebrecht’s former chief executive, Marcelo Odebrecht, to 19 years in prison last week for his role in the snowballing scandal in Brazil.
The Argentine source said other Brazilian firms under investigation in Argentina include Andrade Gutierrez , OAS [OAS.UL] and Camargo Correa [PMORRC.UL].
Brazil Energy Insight 
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