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Police raid Brazilian steelmaker Gerdau in corruption case -source

2016-02-25 13:25:26| Steel - Topix.net

Feb 25 Federal police raided several offices of Brazilian steelmaker Gerdau SA as part of an ongoing corruption case known as "Operation Zelotes," a source with knowledge of the raids said on Thursday. Federal police released a statement saying that search and seizure warrants were being conducted in the cities of Sao Paulo, Brasilia, Rio de Janeiro, Porto Alegre and Pernambuco, but did not name the company.

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Vimpelcom admits to corruption in Uzbekistan, will pay fines

2016-02-17 01:00:00| Total Telecom industry news

Russian-owned telco reaches settlements with U.S., Dutch authorities that acknowledge violations of corruption practices; Telenor 'takes it very seriously'.

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Former teachers union president in Broward County, Fla. convicted on corruption charges

2016-01-21 17:39:00| American School & University

Pat Santeramo was found guilty of defrauding the Broward Teachers Union and taking kickbacks from a contractor read more

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BNDES: Corruption guided award huge Amazon dam contracts in Brazil

2016-01-12 04:07:05| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Brazils BNDES (Banco Nacional de Desenvolvimento Econômico e Social) is the largest development bank in the world. Its annual disbursements of US$50 billion in 2014 were greater than those of the World Bank and Ex-Im Bank (Export-Import Bank of the United States) taken together. Although the bank has played a key role in Brazils development over the decades, its hasty expansion in recent years has created widespread concern that the bank is out of control and causing damage to Brazils people and...

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