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Panama urges punishment of those who took Odebrecht bribes


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Panama's government on Thursday warned of punishment for public employees who took any of the more than $59 million in bribes paid by Brazilian construction company Odebrecht in return for contracts. The Odebrecht conglomerate pleaded guilty to bribing government officials and political parties to the tune of $788 million to secure business on three continents -- mostly in Brazil, but also in 11 other countries in Latin America and Africa. Under the plea agreement, Brazil will receive 80 percent of Odebrecht's fines, while the United States and Switzerland will garner 10 percent each.

 

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