Odebrecht Says Lula Was First to Open Cuba to Brazilian Business
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Odebrecht SA’s Chief Executive Officer Marcelo Odebrecht said his family’s Brazilian conglomerate relied on then-President Luiz Inacio Lula da Silva to open the way for business in Cuba.
Odebrecht SA, owner of Latin America’s biggest builder, led construction of the $1 billion Mariel port in the Communist island that was funded by subsidized loans from Brazil’s development bank. Now its Cuba operations, and the way they were financed, are facing scrutiny back home.