OK given to an agreement between Odebretch and the Office of the General Attorney

DOMINICAN REPUBLIC - Note 20 Apr 2017 by Pavel Isa

In what can be interpreted as a victory for the government, yesterday a judge approved the terms of an agreement between Odebretch and the Office of the General Attorney through which the firm accepts to cooperate with the investigation on kickbacks on infrastructure projects and agrees to pay a fine of USD 184 million twice of the amount of the briberies admitted, in exchange for not filing criminal charges against it. Recall that a proposal of a similar kind was rejected by a court weeks ago, forcing the Office of General Attorney to remake it. In our view, cooperation from Odebretch is cruci

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