Brazil may boost corruption fine against Odebrecht

 

The Brazilian government may increase the corruption fine that engineering conglomerate Odebrecht agreed to pay in a multi-billion dollar leniency deal signed last year, newspaper Folha de S.Paulo reported on Sunday.

Odebrecht, once Latin America’s biggest builder, struck a deal with Brazil, the United States and Switzerland in December designed to allow the company to continue its operations so that it can pay off a record $3.5 billion fine.

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