Tag: Bribes

Venezuelan President Nicolas Maduro offers a press conference at the Miraflores presidential palace in Caracas on August 22, 2017. Chile said Tuesday it has granted diplomatic asylum to five Venezuelans who took refuge in its embassy in Caracas, amid political turmoil as Maduro moves to consolidate power. The five were …

Odebrecht Exec: We Paid Maduro $35 Million in Bribes to Secure Contracts

Venezuela’s exiled former top prosecutor published a video Thursday that she alleges shows the head of Odebrecht, the Brazilian construction company embroiled in one of the largest corruption schemes in Latin American history, admitting to bribing dictator Nicolás Maduro by donating $35 million to his 2013 presidential campaign.

Money Laundering Network

IMF: World Cost of Bribes up to $2 Trillion Annually

The International Monetary Fund (IMF) released a report Wednesday finding that annual cost of bribes paid in both developing countries and advanced economies amounts to $1.5 to $2 trillion globally.