Odebrecht to Pay $59 Million, Panama Official Says - News Summed Up

Odebrecht to Pay $59 Million, Panama Official Says


SAO PAULO—Brazilian construction conglomerate Odebrecht SA agreed to pay at least $59 million as part of the Panamanian government’s probe into alleged bribery payments by the company, Panama’s attorney general said. “I received verbally a formal commitment to deliver in a short time $59 million and/or guarantees of payment,” Attorney General Kenia Porcell said on Thursday. “I must clarify that this does not affect the results of the...


Source: Wall Street Journal January 14, 2017 02:06 UTC



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