Brazil's Andrade Gutierrez to pay $382 mln in leniency deal [Reuters (UK)]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
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Source: Reuters
Brazil's Andrade Gutierrez to pay $382 mln in leniency deal | Reuters 1 Min Read BRASILIA, Dec 18 (Reuters) - Construction company Andrade Gutierrez Engenharia has agreed to pay 1.49 billion reais ($381.88 million) in a leniency deal with Brazilian authorities to help settle corruption allegations against it, the solicitor general’s office said on Tuesday. The money will be directed entirely to those harmed by the alleged corruption scheme to fix government contracts, including state-run oil company Petroleo Brasileiro SA, the solicitor’s office said. $1 = 3.9018 reaisReporting by Lisandra ParaguassuWriting by Jake SpringEditing by Chizu Nomiyama All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved.
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