US offers “up to US$5 million reward for info on recipients of bribes paid by Odebrecht and Brasken”

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US offers “up to US$5 million reward for info on recipients of bribes paid by Odebrecht and Brasken”

2:25 CAT | 31 Mar 2022

In addition to accepting all relevant information, the Kleptocracy Asset Recovery Rewards Program will advertise instances in which law enforcement seeks information leading to the restraint, seizure, forfeiture, or repatriation of stolen assets linked to foreign government corruption:[Image: Twitter / @USDOJ_Intl]

.The United States Justice Department and the FBI seek info linked to recipients of bribes paid by Odebrecht S.A. and Braskem S.A, reads a Twitter post by the US Department of Justice on March 17, which adds:” You could receive up to $5 million reward”.

The FBI and US Department of Justice are offering a reward of up to US$5 million to anyone who provides information leading to the identification of recipients of bribes from Odebrecht and Brasken.

The initiative is part of the Kleptocracy Asset Recovery Rewards Program established by Congress “to further the U.S. government’s commitment to combating foreign government corruption”.

The goal of the program, administered by the US Department of the Treasury’s Office of Terrorism and Financial Intelligence, is “to identify and recover stolen assets, forfeit proceeds of corruption, and, where appropriate and feasible, return those stolen assets or proceeds to the country harmed by the acts of corruption”.

Under this program, rewards may be paid “to qualified individuals who provide information leading to the restraint or seizure, forfeiture, or repatriation of “stolen assets,” as defined by the law, linked to foreign government corruption”.

In a statemen t, the US Department of the Treasury recalls that “Odebrecht S.A., a global construction conglomerate based in Brazil, admitted in its guilty plea agreement with the U.S. Department of Justice that it paid $788 million in bribes to or for the benefit of government officials in 12 countries, including Angola, Argentina, Brazil, Colombia, Dominican Republic, Ecuador, Guatemala, Mexico, Mozambique, Panama, Peru, and Venezuela between 2001 and 2016”.

In turn, Braskem S.A., “a Brazilian petrochemical company, also admitted to paying approximately $250 million to Odebrecht to use to pay bribes to politicians and political parties in Brazil, as well as at least one official at Petróleo Brasileiro S.A.”, the statement adds.

.@TheJusticeDept & @FBI seek info linked to recipients of bribes paid by Odebrecht S.A. and Braskem S.A. You could receive up to $5 million reward. Learn more about @USTreasury’s Kleptocracy Asset Recovery Rewards Program: https://t.co/AGWNQ7bay4 pic.twitter.com/SMYZ1dipJr

— U.S. Department of Justice – International (@USDOJ_Intl) March 17, 2022

“The U.S. Department of Justice and the Federal Bureau of Investigation seek information leading to the seizure, restraint, forfeiture, or repatriation of bribes or assets linked to bribes paid by Odebrecht S.A. and Braskem S.A. that are: (1) in an account at a U.S. financial institution, including a U.S. branch of a foreign financial institution; (2) that come within the United States; or (3) that come within the possession or control of any U.S. person. Persons who provide such information may be eligible for a reward under this Program or others”, adds the statement .

The statement includes two other announcements. One reads as follows.”The U.S. Department of Justice, the Federal Bureau of Investigation and other U.S. law enforcement agencies seek information leading to the seizure, restraint, forfeiture, or repatriation of assets linked to corruption involving the government of the Russian Federation that are: (1) in an account at a U.S. financial institution, including a U.S. branch of a foreign financial institution; (2) that come within the United States; or (3) that come within the possession or control of any U.S. person. Persons who provide such information may be eligible for a reward under this Program or others”.

An almost identical announcement is made concerning the Sovereign Wealth Fund of Malaysia. “The U.S. Department of Justice, the Federal Bureau of Investigation, and the Internal Revenue Service Criminal Investigation seek information leading to the seizure, restraint, forfeiture, or repatriation of assets linked to corruption involving the Sovereign Wealth Fund of Malaysia, known as 1MDB, or related embezzlement that are: (1) in an account at a U.S. financial institution, including a U.S. branch of a foreign financial institution; (2) that come within the United States; or (3) that come within the possession or control of any U.S. person. Persons who provide such information may be eligible for a reward under this Program or others.”

Source: Agencia da Noticia Brazil / US Department of The Treasury