NEW YORK: A federal court in New York on Monday imposed a $2.6 billion fine on Brazil’s scandal-plagued construction giant Odebrecht, part of what US authorities describe as a one of the largest-ever corporate settlements for international bribery.
Odebrecht and the petrochemical affiliate Braskem had in December already agreed to pay a total of $3.5 billion to settle the case, in which the companies admitted to paying nearly $800 million in bribes to government officials and political parties to win business on three continents.
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