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Weekly Report - 07 December 2017 (WR-17-48)
PERU: Odebrecht case enters critical new phase
A Peruvian judge has ordered the preventive detention of executives from five local firms partnering the Brazilian engineering company Odebrecht. They are suspected of being implicated in the corruption scheme through which Odebrecht paid bribes to Peruvian government officials in exchange for the award of state construction contracts. Among those detained pending further investigation are the heads of Peru’s largest construction firms. There are now concerns about the negative impact that this will have on the country’s domestic economy as well as the government led by President Pedro Pablo Kuczynski, who still faces questions about his suspected involvement in the case.
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