|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Brazil (Click here for more)

Police Seeking 15 Suspected of Graft in Brazil Public Works Projects

SAO PAULO Ė Brazilís Federal Police launched an operation on Thursday to detain 15 people accused of graft in public works projects in Sao Paulo state.

Among the suspects is Laurence Casagrande Lourenco, former head of Dersa, the state-owned highway development company in that southeastern state.

Investigators say the suspects engaged in unlawful association and fraud in contracts Dersa signed with construction companies working on the Mario Covas Rodoanel Beltway, a project that was funded by Brazilís central government, Sao Paulo state and the Inter-American Development Bank.

The Attorney Generalís Office estimates that the amount spent on the project exceeded the real construction costs by roughly 130 million reais (some $35 million) due to overpricing and over-invoicing.

Casagrande served as transport and logistics secretary under former Sao Paulo Gov. Geraldo Alckmin, a candidate in Brazilís October 2018 presidential election.

Other targets of the operation include executives of construction companies such as OAS and Mendes Junior.

The probe was launched in 2016 after a construction company engineer alleged that contracts for one stretch of the Mario Covas Rodoanel Beltway had been manipulated to boost payments to the firms.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2019 © All rights reserved