Global Investigations Review - The law and practice of international investigations

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Brazilian companies pay US$3.5 billion in largest-ever global foreign bribery settlement

By Dylan Tokar

21 December 2016

Brazilian companies pay US$3.5 billion in largest-ever global foreign bribery settlement iStockphoto.com/Joa_Souza

Only a small portion of the combined fines paid by the Brazilian construction company Odebrecht and its affiliate Braskem will go to US authorities, who used the settlement to praise the work of prosecutors in Brazil.