{"id":20654,"date":"2017-08-08T12:57:57","date_gmt":"2017-08-08T17:57:57","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=20654"},"modified":"2017-08-08T12:57:57","modified_gmt":"2017-08-08T17:57:57","slug":"brazilian-firm-odebrecht-pay-panama-220-million-fine","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/brazilian-firm-odebrecht-pay-panama-220-million-fine\/","title":{"rendered":"Brazilian Firm Odebrecht to Pay Panama $220 Million Fine"},"content":{"rendered":"

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Brazilian construction company Odebrecht has agreed to pay Panama a $220 million fine and provide information about Panamanians who received bribes, prosecutors said Tuesday.<\/p>\n

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Chief prosecutor Kenia Porcell said the payment is part of a deal reached July 26.<\/p>\n<\/div>\n

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Porcell said 24 Panamanians and 13 Brazilians may face charges.<\/p>\n<\/div>\n

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She didn’t name them, but two sons of former President Ricardo Martinelli have been implicated in laundering bribe money. Martinelli governed in 2009-2014 and lives in Miami.<\/p>\n<\/div>\n

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Odebrecht reportedly paid $59 million in bribes to win contracts in Panama. The company has acknowledged paying $800 million in bribes across Latin America.<\/p>\n

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In other fines, Odebrecht has been ordered to pay nearly $2.4 billion to Brazil, $116 million to Switzerland and $93 million to the United States.<\/p>\n<\/div>\n

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.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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