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News/Compliance & Enforcement/Scandal-Plagued Brazilian Construction Giant Odebrecht Files for Bankruptcy
News·Compliance & Enforcement Brief

Scandal-Plagued Brazilian Construction Giant Odebrecht Files for Bankruptcy

Brazil construction giant Odebrecht, which has admitted to spending nearly $800 million to bribe officials across Latin America to win contracts, has filed for bankruptcy protection, looking to negotiate debts of more than $20 billion dollars.

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