Leniency agreement was signed with CGU and AGU in view of fraudulent contracts, but Camargo Corrêa will have until 2038 to refund the amount

The car wash operation made yet another company refund the public coffers for corruption in fraudulent contracts. Now it was Camargo Corrêa's turn to sign another leniency agreement with the Comptroller General of the Union (CGU) and the Advocacy General of the Union (AGU).
The agreement was signed yesterday, Wednesday (31/07), and provides for another payment by the contractor, in the amount of 500 million reais.

With this new payment, Camargo Corrêa now reaches around 1,4 billion reais returned to the Union, amounts that include settlements signed in 2015 with the MPF and Cade, in addition to monetary corrections.

The amounts returned will be fully allocated to the Union and to the injured entities and according to Camargo Corrêa, the agreement ends “an important stage” for the group.

The company released a press release saying the following: “During the negotiations, the company collaborated with information and evidence on illegal acts committed by several individuals and legal entities, so that the agreement contributes to the consolidation of the legal security of the microsystem of combating corruption and defending public assets and administrative probity”.

Composition of the total amount

905,9 million reais, that is, most of this amount refers to illicit enrichment obtained by the company due to influence in fraudulent contracts and the other 330,3 million reais correspond to the refund of amounts paid as bribes.

This amount is also increased by 36,2 million administrative fines, provided for in the Anti-Corruption Law, and 123,6 million civil fines, provided for in the Administrative Improbity Law.

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