RSS   Newsletter   Contact   Advertise with us
Post Online Media

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

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.


What to read next

POST Online Media does not use cookies to collect information about visitors.   OK, hide this message   Third party ads may be using cookies, you can see how here.