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Samsung Shipyard Admitted to Justice It Paid Around US$ 20 Million (R$ 83 Million at the Time) in Bribes to a Brazilian Intermediary
Petrobras informed yesterday (03/25) that it received, last week, US$ 59.4 million due to a leniency agreement made by Samsung Heavy Industries, one of the largest ship manufacturers in the world. Looking for a job? A Leader in manufacturing machines, engines, and heavy vehicles, Caterpillar, has job openings in its factories.
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According to the Brazilian oil company, these funds refer to the second and final installment of the agreement with Samsung, totaling R$ 705.9 million that will be allocated to reimburse Petrobras.
These reimbursements arise from Petrobras’s status as a victim in the crimes investigated under Operation Lava Jato.
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The Samsung shipyard, one of the largest ship manufacturers in the world, admitted to American justice that it paid, between 2007 and 2013, around US$ 20 million (R$ 83 million at the time) in commissions to a Brazilian intermediary. The company stated it knew that part of this money was a bribe to Petrobras employees to secure advantages in business with the company.
Petrobras Recovers R$ 5.7 Billion in Reimbursement of Values Related to Operation Lava Jato, of Which R$ 797 Million Are from Samsung Shipyard
“With these amounts, Petrobras surpasses the significant mark of R$ 5.3 billion in resources recovered through collaboration agreements, lenience, and repatriations. Only last year, for example, the company received R$ 797 million in reimbursement of values related to Operation Lava Jato,” said the state-owned company in the statement.
The company will continue to take appropriate measures in pursuit of adequate reimbursement for the damages caused.
About the Operation
Petrobras acts as a co-author with the Federal Public Prosecutor and the Union in 21 ongoing administrative impropriety actions, in addition to being an assistant in 76 criminal actions related to unlawful acts investigated by Operation Lava Jato.
Launched in 2014, Operation Lava Jato exposed a massive corruption scheme involving public companies like Petrobras, implicating dozens of high-profile political and economic figures, leading to the imprisonment of many, including former Brazilian President Luiz Inácio Lula da Silva, who is currently on parole.
However, the main core (Lava Jato in Paraná) ceased to exist at the beginning of the month, now integrating into another crime-fighting group (Gaeco).
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