Brazil suspends leniency deals with companies in corruption probe

Brazil’s new Minister of Transparency and Oversight said he was suspending negotiations of leniency agreements sought by engineering and construction companies caught up in a massive corruption investigation.

The minister, Fabiano Silveira, said in a Globo News television interview aired on Tuesday that interim President Michel Temer’s government wants prosecutors and the federal audit court to be part of the negotiations.

That would require the new government to sponsor legislation that would have to pass Congress before talks can resume.

Thirty-one contractors, including Brazil’s largest builders, have been banned from signing new contracts with state-run Petrobras since late 2014 due to accusations they colluded to overcharge the oil company and used the extra funds to bribe politicians.

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