21-12-2016 19:05 via uk.news.yahoo.com

Odebrecht, Braskem plead guilty in U.S. after Brazil bribe probe

By Nate Raymond and Mica Rosenberg NEW YORK (Reuters) - Brazilian construction firm Odebrecht SA [ODBES.UL] and affiliated petrochemical company Braskem SA pleaded guilty in a U.S. court on Wednesday to violating American foreign bribery laws as part of a $3.5 billion (2.8 billion pounds) deal resolving a sweeping corruption probe of Brazil's state oil company. The companies entered their pleas in federal court in Brooklyn in the major corruption case stemming from a wide-ranging probe into thei
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