Norway's Statkraft signs leniency agreement in Brazil, fined 18 million reais plus reimbursements
By Caio Rinaldi ( October 18, 2021, 19:04 GMT | Insight) -- Brazilian subsidiaries of Norwegian renewable energy firm Statkraft signed a leniency agreement with the country’s authorities regarding Statkraft’s involvement in corruption and bribery in a 2015 acquisition. In the agreement signed with Brazil’s Comptroller-General’s Office and the Attorney-General’s Office, Statkraft is to pay 18 million reais ($3.26 million) in fines, plus reimbursement of the gains made from the corruption.Brazilian subsidiaries of Norwegian renewable energy firm Statkraft signed a leniency agreement with the country’s authorities regarding Statkraft’s involvement in corruption and bribery in an acquisition in 2015....
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