Odebrecht will participate in an Andean anti-corruption summit in Bogotá

Odebrecht will participate in an Andean anti-corruption summit in Bogotá



Brazilian construction company Odebrecht will participate next week in an Andean anti-corruption summit in Bogota in which its director of Compliance, Margalida Smith, will talk about how to recover the company's reputation, wrapped in bribery scandals in Latin America.

This was announced today by the organizers, who detailed in a statement that Smith will dictate on Tuesday the conference "Chief Compliance Officer: Case Study I," at the third Andean Summit on anti-corruption compliance, "in which he will speak about his experience in the address of the Brazilian company after the scandals.

There will also be analyzed what measures taken by the company to face the situation were successful and which were not, in addition to how "the company has embarked on a mission not only proactive but also proactive to help other companies to avoid these situations"

According to documents published by the Department of Justice of the United States, Odebrecht paid 788 million dollars in bribes in 12 countries in Latin America and Africa, including Colombia, where it would have delivered more than 11 million dollars between 2009 and 2014.

However, the Prosecutor General's Office later indicated that the bribes allegedly paid by the construction company in Colombia were 84,000 million pesos (some 27.7 million dollars) and not 11.1 million dollars.

At the summit, organized by The Canadian Institute and to be held on Monday and Tuesday at the Hilton hotel in Bogota, the Colombian attorney general, Néstor Humberto Martínez, and the deputy head of the criminal division, fraud section of the Department of Justice of the United States, Christopher Cestaro.

There will also be officials from companies in Colombia, Peru, Ecuador, the United States, Chile and Argentina, among others, as well as former Attorney General of Brazil Rodrigo Janot Monteiro.

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