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Andrade Gutierrez Engenharia debarred 3 years, 1 month by Inter-American Development Bank

( April 24, 2020, 23:30 GMT | Official Statement) -- MLex Summary: Andrade Gutierrez Engenharia of Brazil has been debarred for three years and one month by the Inter-American Development Bank in a negotiated resolution agreement. "The Settlement relates to allegations of corrupt practices in connection with four contracts financed by the IDB under the Estrada Nova Watershed Sanitation Program ('PROMABEN') and the Igarapes de Manaus Environmental and Social Programs II, Supplemental and III (collectively 'PROSAMIM') in Brazil," the IDB said. The IDB said the construction firm paid kickbacks to government officials.Statement follows:...

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