20-11-2019 19:33 via finance.yahoo.com

UPDATE 2-Ex-CEO of Brazil's Braskem arrested on U.S. corruption charges

The former chief executive of Brazilian petrochemical company Braskem SA was arrested on Wednesday in New York on charges that he took part in a scheme to pay millions of dollars in bribes to officials to secure government contracts.Jose Carlos Grubisich was charged with conspiracy to violate a U.S. foreign corruption law and with money laundering conspiracy in a newly unsealed indictment in Brooklyn federal court.Grubisich was arrested in the morning at New York's John F. Kennedy Airport and is
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