Another Mexican entity says AHMSA made “bribery” payments to Odebrecht

Tuesday, 02 July 2019 00:06:24 (GMT+3)   |   Monterrey

Another Mexican entity has claimed local integrated steelmaker Altos Hornos de Mexico (AHMSA) made payments to Brazilian engineering company Odebrecht, Mexican anti-corruption association, also known as MCCI, said.

Odebrecht has been involved and charged in Brazil with corruption and bribery.

In August 2018, Mexican investigative site Quinto Elemento said AHMSA made a $3.7 million payment to a shell company owned by Odebrecht to advise the steelmaker on a steelworks expansion in Monclova, Mexico.

MCCI said it has now identified a “similar payment” in an Odebrecht document that lists payments under Odebrecht’s “structured operations” department, a nickname for the “bribery department” of the Brazilian company.

MCCI said the amount reported by Quinto Elemento in 2018 and the document reports it found thus far are “slightly different,” but “coincide” with AHMSA’s reportedly $3.7 million payment.


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