$788M
Approximate bribes Odebrecht admitted paying across multiple countries
$3.336B
Corrupt payments and/or profits—not contract face value—in the DOJ resolution
2001–2016
Admitted scheme period; the dedicated division existed by 2006
$2.6B
Approximate payable Odebrecht penalty after ability-to-pay analysis
FACTOdebrecht admitted a bribery and bid-rigging scheme beginning as early as 2001. By 2006, its secret payment structure had evolved into the Division of Structured Operations, using shell companies, off-book accounts, offshore entities and coded communications.
FACTThe DOJ reported approximately $788 million in bribes and approximately $3.336 billion in corrupt payments and/or profits. The second number is not simply the face value of contracts “won directly” by each bribe, so the denominator and category must remain attached.
FACTOdebrecht and petrochemical affiliate Braskem entered coordinated US, Brazilian and Swiss resolutions. The headline combined penalty was at least $3.5 billion; Odebrecht represented that it could pay about $2.6 billion, allocated principally to Brazil with smaller US and Swiss shares.