A federal police car is parked in front of the headquarters of Andrade Gutierreza, a large private Brazilian construction firm, in Belo Horizonte, Brazil, June 19, 2015. REUTERS/Washington Alves
SAO PAULO (Reuters) - One of Brazil's largest builders, Andrade Gutierrez, will confess to paying bribes for 2014 FIFA World Cup contracts and business with state-run companies Petrobras and Eletrobras, a newspaper report said on Friday.
Andrade Gutierrez agreed with Brazil's prosecutor-general and other investigators to pay a fine of 1 billion reais (£179 million) in leniency and plea deals covering the company and its executives, the Folha de S.Paulo newspaper said. The paper did not say how it obtained the information.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
