Odebrecht to pay Peru an initial $8.9 million as graft scandal grows

Brazilian engineering conglomerate Odebrecht SA has agreed to pay Peru an initial 30 million soles (7.16 million pounds) as it prepares to divulge details on bribes it gave to local officials over a period spanning three presidencies, the attorney general's office said on Thursday. The cash will be deposited in coming days and is only part of what the family-owned company will pay Peru in a broader settlement with prosecutors as they seek to quickly uncover names of people and companies involved