Peru Demands 1.1 Billion Dollars in Reparations from Odebrecht

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The Brazilian firm offered 66 million U.S. dollars in civil reparations, but Peruvian prosecutors believe it’s not enough.

“Peru’s prosecutor overseeing the Odebrecht corruption case, Jorge Ramírez, set the cost of reparations to be demanded from the Brazilian construction company at over 3.468 billion soles (around 1.1 billion U.S. dollars).”, according to Xinhua News, referring to Odebrecht.
This amount comes from three projects that involved Odebrecht corruption, such as the South Peruvian Pipeline, the Southern Interoceanic highway, and the Chacas highway.

Ramírez established that Odebrecht must pay around 540 million U.S. dollars in reparation of the Interoceanic highway, other $480 million for the South Peruvian Pipeline, and 80 million U.S. dollars for the Chacas highway.

They “are the value of the total public damages caused by Odebrecht’s bribery”, said Ramírez, according to Xinhua.
The Brazilian firm initially offered 66 million dollars in civil reparations, but for the prosecutor, it’ not enough and “we are waiting for Odebrecht to change their attitude”, he said in an interview on Sunday during the “Cuarto Poder” TV program.

Odebrecht’s executives confessed in December 2016 to the U.S. Department of Justice that the company had paid bribes of around 800 million dollars to officials in 11 countries, including Peru.

The Brazilian company’s Ex-President, Marcelo Odebrecht, also confessed recently that the firm contributed to the political campaigns for Alan García and Keiko Fujimori. “I’m certain that we supported everyone. Toledo, Alan García, Humala, Keiko”, he said to La República.

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(Cover Photo Flickr)
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