Investigator's Guide to Brazil

Highlights

Brazil signs second Operation Car Wash leniency agreement in a week

Brazil’s CGU and AGU have agreed an almost 2 billion reais settlement with construction company OAS to resolve bribery allegations tied to the sprawling Operation Car Wash investigation.

FBI wants new unit for Brazilian evidence requests

The FBI’s Brazilian office has asked the US Department of Justice for extra resources to handle requests for information from local authorities, according to a senior official.

Brazil approves distribution of Petrobras bribery settlement

Brazil’s Supreme Court has ratified an agreement that sees the proceeds of a bribery penalty handed to state-controlled oil company Petrobras put towards extinguishing Amazon wildfires.

New Operation Car Wash probe focuses on ex-Braskem CEO

Brazilian prosecutors are targeting the former chief executive of petrochemical company Braskem as part of a new phase of the sweeping Operation Car Wash corruption investigation.

Brazil’s Securities and Exchange Commission expected to ramp up enforcement

Brazil’s financial markets authority will soon be able to levy larger fines and enter into leniency agreements to resolve investigations.

Peru leads the charge against Odebrecht bribery

Research recently published shows which Latin American countries have been proactive and which have lagged behind in tackling corruption tied to Odebrecht after the company resolved a foreign bribery scandal in 2016.

Vale faces severe penalties over deadliest disaster in Brazil’s history

An investigation into Brazil’s largest iron producer over a dam collapse that caused over 200 deaths could see the company face far tougher penalties than those caught up in Operation Car Wash.

Brazilian prosecutors decry Supreme Court ruling as judge suspends Petrobras settlement

The prosecutors say the ruling could jeopardise all past and current Operation Car Wash cases, including the case against former president Luiz Inácio Lula da Silva.

Brazilian lawyers react to Sérgio Moro’s replacement

Brazilian practitioners have said that Luiz Antônio Bonat, who will replace Sérgio Moro as the new judge in charge of Operation Car Wash, will be just as tough as his predecessor, but more discreet.

Brazil National Congress urged to pass anti-corruption reforms

Brazilian lawyers hope that anti-corruption reform proposals supported by the country’s incoming justice minister will be approved by Congress three years after similar measures floated by prosecutors were blocked.

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