Brazil's Lava Jato targets Techint

Brazil's Lava Jato targets Techint

Regulation Energy Gas Project & Infrastructure Finance Brazil Argentina Europe

Brazil's federal police force have searched the local offices of Techint, looking for evidence that the Italo-Argentine conglomerate paid bribes to secure contracts from the state-owned oil company Petrobras.According to the federal public prosecutor's office, or MPF, two of Techint's subsidiaries, Techint Engenharia e Construção and Confab Industrial, may have formed a cartel with the local engineering firms to win contracts from 2007 to 2010.Techint bid with Andrade Gutierrez to win the contra

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