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Brazil competition agency near agreement to share foreign bribery information with transparency ministry

By Rodrigo Russo ( December 27, 2017, 20:06 GMT | Insight) -- The Brazilian antitrust agency is close to signing a cooperation agreement with the Ministry of Transparency and Comptroller-General of the Union, or CGU, to help fight transnational bribery in the country. Under the terms of the draft agreement, the CGU and the Administrative Council for Economic Defense, or CADE, will exchange data and information regarding ongoing investigations of acts of transnational bribery committed abroad, either by Brazilian companies or by foreign companies operating in Brazil.The Brazilian antitrust agency is close to signing a cooperation agreement with the Ministry of Transparency and Comptroller-General of the Union, or CGU, to help fight transnational bribery....

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