News
Former Brazilian CEO Sentenced to 20 Months for Bribery Conspiracy
15 Oct 2021

By Henry Pope OCCRP, 14 October 2021

OCCRP — A former chief executive officer (CEO) of Braskem S.A., a Brazilian petrochemical company, was sentenced in a New York court on Tuesday to 20 months in prison for his role in a conspiracy to use US$250 million of his former company’s money to bribe government officials.

Jose Carlos Grubisich, 64, of Brazil, pleaded guilty in April to diverting the sum from Braskem into a secret slush fund from which he bribed Brazilian government officials and political parties into supporting Braskem’s financial and political interests, according to the U.S. Department of Justice (DOJ).

Read more at OCCRP

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