Tuesday, October 12, 2021

Former Chief Executive Officer of Petrochemical Company Sentenced to 20 Months in Prison for Foreign Bribery Scheme

A Brazilian man who previously served as the chief executive officer (CEO) of Braskem S.A. (Braskem), a publicly-traded Brazilian petrochemical company, was sentenced today in the Eastern District of New York to 20 months in prison for a scheme to divert hundreds of millions of dollars from Braskem into a secret slush fund and to pay bribes to government officials, political parties, and others in Brazil.

from Justice News https://ift.tt/3at1j5n
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