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Odebrecht Settles With 2 Brazil State Bodies in Graft Probe

Construction conglomerate Odebrecht has signed an agreement with two more Brazilian state bodies to settle cases related to a corruption scheme in which Odebrecht and others formed a de facto cartel to rig bids with state-run oil giant Petrobras and bribe officials.   Odebrecht signed an agreement Monday with the solicitor general and the comptroller general to pay around $700 million over 22 years to Petrobras and other state entities. The two state bodies will drop legal proceedings...


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