Tag: Odebrecht

United States follows Swiss trail of bribes paid to Peruvian ex-president

The United States Department of Justice has turned its attention to the financial dealings of Peru’s former president, Alejandro Toledo. Two Swiss banks and a law firm in Zug are allegedly involved with the operation of hidden accounts. Toledo has been pursued by the Peruvian authorities for corruption since 2016. Toledo is suspected in Peru of receiving 20 million …

Inscrivez-vous pour lire cet article. Déjà abonné? Connexion

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

Walter Faria snared by his Swiss accounts

Brazil’s Lavo Jato (Operation Car Wash) investigation has claimed another success with the arrest of Walter Faria, CEO of the country’s second largest brewing company, Petropolis Group. Faria is accused of laundering more than 80 million francs for the Odebrecht account between 2006 and 2014 as part of a vast system of corruption orchestrated by the specially created “department of structural …

Inscrivez-vous pour lire cet article. Déjà abonné? Connexion

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

Secret Odebrecht funds landed in the Swiss account of Angolan PEP

A former Angolan official, under investigation for money laundering by the Office of the Attorney General of Switzerland, has lost an appeal to the Federal Supreme Court in a decision dated February 22, 2019. At the end of September 2018, the new Angolan president, João Lourenço, appointed Carlos Panzo to the position of Secretary of State of Economic …

Inscrivez-vous pour lire cet article. Déjà abonné? Connexion

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

Former PKB banker allegedly received commissions from Odebrecht

Before being dismissed in September 2015, H.D. worked for more than ten years for Ticino-based PKB Privatbank. A Swiss-Brazilian dual citizen, he held the position of deputy director and looked after the bank’s Latin-American clientele. He opened and managed the accounts of one the bank’s most infamous clients: the Brazilian multinational Odebrecht. For years, the construction giant …

Inscrivez-vous pour lire cet article. Déjà abonné? Connexion

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite