Lima, May 15 (Prensa Latina) An adverse testimony from the imprisoned ex-governor Alejandro Toledo before the Public Ministry, further compromised the position of the former president of Peru, Pedro Pablo Kuczynski, prosecuted for alleged money laundering.
B are not easily shocked. In the past decade they have seen two business empires collapse in ignominy. Eike Batista, for a time Brazil’s richest man, lost his…
Businessman Marcelo Odebrecht has been fully released from jail in Brazil Friday after serving his sentence for corruption, illicit association, and money laundering that went public in the Operation Lava Jato scandal. He had been doing community work at a hospital in exchange for a sentence reduction.
Petrobras scandal, Brazilian political corruption scandal beginning in 2014 that involved the indictment of dozens of high-level businesspeople and politicians as part of a widespread investigation alleging that many millions of dollars had been kicked back to officials of Petrobras, Brazil’s huge majority-state-owned oil company, and to politicians especially members of the ruling Workers’ Party (Partido dos Trabalhadores; PT) of Pres. Dilma Rousseff by prominent Brazilian corporations in return for contracts with Petrobras. The malfeasance was revealed by a federal investigation begun in 2014 under the code name Lava Jato (“Car Wash”). The massive scheme to defraud Petrobras Brazil’s largest enterprise and a