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Odebrecht paid in Andorra millions in bribes to 145 people from Latin America
Posted On 09 Nov 2017
Ecuadornews:
The Brazilian construction company Oderbrecht paid 200 million dollars in kickbacks to politicians, officials, businesspeople and alleged front men from eight Latin American countries through the Banca Privada d´Andorra (BPA), according to confidential police reports from this Principality.
The information disclosed by the Spanish newspaper El País, affirms that the investigators of the case, under the orders of the judge of the case Canòlic Mingorance, assume this hypothesis after examining the accounts of 145 clients.
El País claims having had access to the confidential documentation that politicians, senior administration officials, officials, lawyers and frontmen from Ecuador, Peru, Panama, Chile, Uruguay, Colombia, Brazil and Argentina submitted to the BPA to open their secret accounts.
According to press reports, the BPA of Andorra and the Meinl Bank of Antigua and Barbuda were the main financial institutions used by the company of Marcelo Odebrecht, currently in prison, to pay bribes to key figures for the awarding of public works.
Moreover, police and judicial inquiries have revealed that Odebrecht used the offshore companies Aeon Group and Klienfeld Services Limited to pay bribes to politicians and officials. (I)
