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Brazil's CCR to pay $21 million to settle civil case

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Staff Writer |
LatAm   Sao Paulo will get the money

Brazil’s CCR SA agreed to pay 81.53 million reais ($21.20 million) to settle a Sao Paulo state civil lawsuit alleging the company and some of its units were involved in a graft scheme, the toll operator said on Thursday.

The case involved the alleged illegal payments to a former director of state highway company Dersa. The agreement will be submitted for judicial approval, CCR said in a securities filing, without providing details of the deal.

Prosecutor Jose Carlos Blatt said in a news conference on Thursday that CCR made illicit payments to at least 10 politicians.

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