Graña y Montero to sign plea deal

Graña y Montero to sign plea deal

Project & Infrastructure Finance Regulation Peru

Peru's Graña y Montero (GyM) said it will sign a preliminary plea agreement with federal prosecutors to settle corruption charges in the next 60 days. As part of the agreement, the Lima-based construction company will withdraw compensation claims for the cancelled Gasoducto Sur Peruano (GSP) natural gas pipeline project, according to a securities filing. The "specific content" of the the agreement remains confidential, GyM said in the filing.  GyM was a partner with Brazilian construction compan

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