Ex-Braskem CEO to Plead Guilty in $250 Million Bribery Case
- Jose Carlos Grubisich accused of bribing Brazilian officials
- Case is related to massive fraud prosecution of Odebrecht
Jose Carlos Grubisich in 2008.
Photographer: Epitacio Pessoa/Bloomberg
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The former chief executive officer of Braskem SA, Brazil’s largest petrochemicals company, will plead guilty to federal charges tied to a $250 million bribery plot the U.S. said also involved Braskem’s parent company, Odebrecht SA.
Jose Carlos Grubisich, who prosecutors said pocketed $2.6 million for himself, is scheduled to enter the plea on April 15, according to a court filing. Grubisich was charged with conspiracy in a three-count indictment filed in 2019.