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47°
Monday, apr 29
Tag:
Foreign Corrupt Practices Act
News
Ex
-ceo
Arrested At JFK Airport For Scheme To Pay Millions Of Dollars In Bribes To Officials
The former CEO of a Brazilian chemical company was arrested this week at JFK Airport and charged with paying millions of dollars in bribes to government officials, federal officials said. Jose Carlos Grubisch, 62, was arrested on Wednesday, Nov. 20 and pleaded not guilty in Brooklyn federal court to violating anti-bribery and other provisions of the Foreign Corrupt Practices Act and conspiracy to commit money laundering. Grubisch, who was the CEO of Braskem S.A. a Brazil-based petrochemical company involving their parent company, Odebrecht S.A. to a secret slush fund that was used, in part,…
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