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Braskem strikes US$920mn Lava Jato accord

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Thursday, December 15, 2016

Brazilian petrochemical producer Braskem has been fined 3.1bn-reais (US$920mn) as part of a leniency deal with local prosecutors investigating a multibillion-dollar corruption racket. In a securities filing, Braskem said it would pay half the amount in cash immediately and the remainder over six ...

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This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.