Ecuador bars Odebrecht from new infrastructure contracts

Ecuador bars Odebrecht from new infrastructure contracts

Brazil Andean Ecuador Project & Infrastructure Finance

Ecuador has barred government entities from awarding public works contracts to Brazil's Odebrecht after the company admitted to making $33.5m in bribes over the past decade."During the investigation of Odebrecht's contracts in Ecuador, state institutions, for now, cannot hire the company," Attorney General Galo Chiriboga said in a tweet. The ban includes the federal, provincial and city governments. Ecuador becomes the third country in the region to prohibit Odebrecht from signing contracts for

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