1. Home
  2. / Uncategorized
  3. / Peru’s President No Longer Wants Odebrecht In The Country
Reading time 1 min of reading

Peru’s President No Longer Wants Odebrecht In The Country

Written by Paulo Nogueira
Published on 31/12/2018 at 20:39
Odebrecht Peru corrupção pais obras
Be the first to react!
React to this article

The President Of Peru, Martín Vizcarra, Said On Monday That Odebrecht Should Not Continue Working In Peru Because The Brazilian Construction Company “Contaminated Private Activity” And Admitted To Bribing Public Officials.

Vizcarra’s statement comes weeks after Odebrecht Peru signed an agreement with Peruvian authorities to pay a fine of US$ 182 million over 15 years that would allow it to continue operating in the country in exchange for evidence about the authorities it bribed to win infrastructure projects.

Vizcarra was preparing on Monday to travel to Brazil for Jair Bolsonaro’s inauguration on Tuesday. He told local radio RPP that Odebrecht “disqualified itself from working with Peruvians” by paying bribes.

“(This) is a company that contaminated the private sector. There are many reputable companies here, but now there is distrust of all companies because of Odebrecht.”

Odebrecht is awaiting authorization from the Vizcarra government for the sale of its hydroelectric plant in Peru to the Three Gorges, in China, for about US$ 1.39 billion, part of which would be used to pay debts to local suppliers and ensure payment of civil compensation.

The Peruvian president took office at the end of March following the resignation of President Pedro Pablo Kuczynski, accused of ties to Odebrecht – ties he denied.

Tags
Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Share in apps