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Prosecutor: Peru Nearing Plea Deal with Odebrecht on Corruption Probe

Brazilian construction company Odebrecht is close to reaching a final settlement with Peruvian prosecutors over their investigation into bribes paid by Odebrecht for public works contracts in Peru, a prosecutor said on Monday. Odebrecht has admitted to paying about $30 million in bribes to win contracts in the South American country and has agreed to provide prosecutors with details on the payments, culminating in a formal plea deal intended to reduce its exposure to legal...

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