Brazil’s largest engineering company, Odebrecht, has been ordered to pay $2.6bn in fines for its role in a vast bribery scheme.
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A US judge sentenced the company this week on 17 April following a plea deal between the company and US, Brazilian and Swiss authorities, Reuters reports
Odebrecht and affiliated petrochemical company Braskem SA, pleaded guilty to US bribery charges in December.
Prosecutors charged Odebrecht with paying about $788m in bribes to officials in 12 countries, mostly in Latin America, to secure contracts.
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