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Investigations of Samsung Heavy Industries over Petrobras bribery to continue in Brazil even after DOJ settlement

By Ana Paula Candil ( November 29, 2019, 16:30 GMT | Insight) -- Brazilian investigations into Samsung Heavy Industries for bribing Petrobras will continue even after the company last week signed a settlement agreement with the US Department of Justice, which includes a $37 million payment to Brazilian authorities, a spokesperson for the Comptroller General of the Union, or CGU, told MLex. None of the Brazilian authorities have signed a leniency agreement with the company so far, CGU said.Brazilian investigations into Samsung Heavy Industries for bribing Petrobras will continue even after the company last week signed a settlement agreement with the US Department of Justice, which includes a $37 million payment to Brazilian authorities, a spokesperson for the Comptroller General of the Union, or CGU, told MLex....

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