Alejandro Toledo was found guilty of accepting $35M in bribes from Brazilian construction firm Odebrecht for contracts to build the Interoceanic Highway in 2005.
The world’s fifth-tallest arch dam, on the Coruh River in a mountainous region of northeastern Turkey, began operating in late November, passing a major milestone for the project.
After a tumultuous few years at the center of a national corruption scandal, Brazil-based Odebrecht is looking to move on. And despite ongoing investigations, the firm has continued to book work both in Brazil and abroad.
Brazil’s current government and its largest contractor are trying to survive the latest episode in the country’s long-running construction bribery scandal.
The two large dams under construction on the Madeira River, Jirau and San Antonio, which together will provide nearly 7,000 MW of electricity, continue Brazil's reliance on hydropower.