Odebrecht
Proper noun
Meaning
Odebrecht (plural Odebrechts)
A surname from German.
Examples
Last week, the attorney general said Lozoya had testified he received more than 100 million pesos ($4.5 million) from Brazilian construction company Odebrecht that was in part used to buy votes in Congress.
An Odebrecht affiliate, the petrochemicals maker Braskem SA, also pleaded guilty.
Corruption has been an unavoidable part of Peruvian politics for many years, and labels Kuczynski as the third president to fall prey to Odebrecht corruption scandal.
Panama Charges 17 in Brazilian Firm Bribery SchemePANAMA CITY — Panama’s chief prosecutor says 17 people have been charged with money-laundering in connection with a bribery scheme involving Brazilian construction giant Odebrecht.
Brazilian export development agency BNDES will guarantee the financing of construction that is to be carried out by Brazilian company Norberto Odebrecht.
Mr Glas, who was arrested on 2 October, is the highest-ranking politician to be indicted in the massive Odebrecht corruption scandal.