Alice Díaz

Mr. Ballista

Social Studies

9th B

Odebrecht thesis
How Odebrecht got involved with Dominican Republic?

Brazilian construction company Odebrecht paid around US$788 million in bribes in

12 countries, including US$92 million in the Dominican Republic. Odebrecht did and
caused more than US$92 million in payments to corrupt government officials and
intermediaries working on their behalf in the Dominican Republic. Odebrecht made a
profit of more than US$163 million as a result of these corrupt payments.

Experts on corporate bribery said the Odebrecht admissions of giving bribes in a

dozen countries - including Venezuela, Guatemala, Peru, Ecuador, Argentina, Panama,
Colombia, Dominican Republic, Angola and Mexico as well as Brazil - could subject
Odebrecht to new investigations.

Most of the payments were made with funds not registered by the Structure
Operations Division with the authorization of Odebrecht employees. Through that
agreement, Odebrecht was able to influence government budgets and fund approvals for
certain projects in the Dominican Republic. The Dominican Republic is the third country
where Odebrecht paid the most bribes. First was Brazil with US$349 million and Venezuela
second, with US$98 million.