Petrobras – Odebrecht Affair: The Office of the Attorney General of Switzerland convicts Brazilian companies and demands payment of over CHF 200 million
Bern, 21.12.2016 - The Office of the Attorney General of Switzerland (OAG) has convicted the Brazilian company Odebrecht SA and one of its subsidiaries of inadequate corporate organisation in connection with the Petrobras affair and demanded payment of over CHF 200 million. The conviction, which takes the form of a summary penalty order, is part of a coordinated conclusion to the proceedings, initiated by Switzerland and also involving Brazil and the USA.