11 | NOV | 2019
New Mexican government bans Odebrecht from federal projects
Odebrecht has bribed Latin American Presidents and politicians for years - Photo: Carlos Jasso/REUTERS

New Mexican government bans Odebrecht from federal projects

29/04/2019
15:47
Reuters
Mexico City
Daina Beth Solomon
-A +A
Odebrecht is known for bribing high-ranking politicians, including Presidents, across Latin America

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Mexico has banned corruption-plagued Brazilian construction conglomerate Odebrecht S.A. from participating in public federal contracts, Mexico’s Public Administration Ministry said on Friday.

State-owned entities, such as oil firm Pemex, are banned from entering into contracts with Odebrecht or receiving proposals from the firm for three years, the ministry said in a statement.

The construction firm has been at the center of one of the world’s largest corruption scandals for paying billions of dollars in bribes across Latin America in exchange for public-works contracts.

Last year, Mexico banned federal institutions and state governments from doing business with Odebrecht for 2 and a half years, but it has yet to file criminal charges against the Brazilian company.

Friday’s statement did not address the previous ban, but the Public Administration Ministry revealed that Odebrecht’s Mexico subsidiary had provided false information in fulfilling a construction contract and that Odebrecht’s Constructora Norberto unit had overcharged Pemex.

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