{"id":30603,"date":"2021-01-12T09:41:48","date_gmt":"2021-01-12T14:41:48","guid":{"rendered":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=30603"},"modified":"2021-01-12T09:41:48","modified_gmt":"2021-01-12T14:41:48","slug":"panama-attorney-general-seek-odebrechts-unpaid-fines","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-attorney-general-seek-odebrechts-unpaid-fines\/","title":{"rendered":"Panama attorney general to seek Odebrecht\u2019s unpaid fines"},"content":{"rendered":"

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The Panamanian attorney general’s office will ask a judge to order Odebrecht to pay fines due in 2019 and 2020 after the corruption-ensnared Brazilian conglomerate failed to pay, prosecutor Anilu Batista said on Friday.<\/p>\n

Panamanian authorities fined Odebrecht in 2017 for paying bribes in exchange for construction contracts in the Central American country.<\/p>\n

The company owes more than $35.5 million, a judicial source at the attorney general’s office said. Odebrecht did not immediately respond to a request for comment.<\/p>\n

Odebrecht had made the payments for 2017 and 2018 as well as an advance of $1.1 million for 2019, the source said.<\/p>\n

Panama’s attorney general and the company, which has since filed for bankruptcy protection, negotiated in 2017 an agreement https:\/\/www.reuters.com\/article\/us-panama-odebrecht\/odebrecht-agrees-to-pay-220-million-fine-aid-panama-probe-idUSKBN1AH57C that stipulates payments totalling $220 million spread out over 12 years.<\/p>\n

Batista said at a virtual news conference on Friday the office will request a hearing before a judge to establish that Odebrecht has not paid the fees established and a 5% delinquency charge.<\/p>\n

Panama has investigated infrastructure projects carried out in the last three governments. Tania Sterling, the country’s anti-corruption prosecutor, said the investigation has concluded with the indictment of 101 people.<\/p>\n

(Reporting by Elida Moreno in Panama City; Writing by Stefanie Eschenbacher; Editing by Lincoln Feast.)<\/p>\n

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