A São Paulo skyline.
Among other things, the OECD working group highlighted shortcomings in Brazil’s statute of limitations system, which has allowed some defendants to go free.
Photo: nelson almeida/Agence France-Presse/Getty ImagesBrazil has made progress in combating foreign bribery schemes over the last nine years, but still has a way to go in successfully charging individuals, an international antibribery watchdog said.
In a report published Thursday, the Organization for Economic Cooperation and Development’s Working Group on Bribery in International Business Transactions commended the Brazilian government for progress implementing new legislation against corporate bribery and taking enforcement actions against large-scale foreign bribery schemes since its last evaluation in 2014.
Persons:
nelson almeida
Organizations:
OECD, Agence France, Getty, Organization for Economic Cooperation, Bribery, Business
Locations:
Paulo, Brazil