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Venezuela bondholders inch toward showdown

Friday, January 27, 2017

Venezuela seeks arrest in Odebrecht bribery probe

According to a plea bargain agreement with U.S. authorities, Odebrecht and representatives paid some $98 million in bribes to government officials and intermediaries in Venezuela between 2006 and 2015 - the highest amount outside Brazil. "We have sought an arrest warrant for someone presumably linked to the Odebrecht case," Venezuelan prosecutor Luisa Ortega Díaz said on local radio, without giving any more details of the individual or amounts involved. Venezuela plans to send an investigator to Brazil and has asked Swiss banking authorities to provide a list of Venezuelans who have received deposits from Odebrecht, she added. More…

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