Police and prosecutors pursuing Brazil’s largest corruption scandal are investigating possible bribes at two multi billion-dollar projects related to the 2016 Olympic Games in Rio de Janeiro, according to court documents.
A subway line and an urban renewal project in a downtown port area were cited in a list of projects that may have received illicit funds from executives at the Odebrecht SA construction and engineering conglomerate as part of a vast pay-to-play scheme known as Carwash, authorities said on Tuesday. Odebrecht said in an e-mailed statement it is cooperating with the police operation.
Brazilian police carried out 15 arrest and 28 detention warrants on Tuesday related to a “Structured Operations” department at Odebrecht, which authorities described as specializing in bribing. Former Odebrecht Chief Executive Officer Marcelo Odebrecht is serving a 19-year prison sentence for crimes including corruption and money laundering.
The original article can be found at bloomberg.com