International Whistleblowers in Brazil Are
Needed To Expose Corruption And Can Receive Large Financial Rewards For
Exposing Bribes Being Paid To Government Officials And Employees of
Brazilian Run Companies by Multinational Corporations by Brazil
Government Official Bribe Whistleblower Lawyer, Brazil Government
Procurement Bribe Lawyer, and Brazil Foreign Corrupt Practices Act
Lawyer Jason S. Coomer
The Foreign Corrupt Practices Act (FCPA) prohibits bribes by multinational corporations to foreign officials to obtain lucrative contracts. These prohibitions include bribes to employees of government owned companies such as Embraer and Petrobras. Brazilian bribe whistleblowers that properly report these illegal contract bribes, kickbacks, and other corrupt practices may recover large rewards for exposing corrupt practices committed by multinational corporation.
Brazilian
Manufacturing Bribe Whistleblowers, Brazilian Airplane Manufacturer
Illegal Kickback Whistleblowers, Embraer Employee Whistleblowers,
and other Multinational Company Whistleblowers Are Needed to Protect
Brazil From Corruption
"Embraer, the Brazilian airplane manufacturer (fourth largest in the world), announced last week that it is being investigated by the U.S. Securities and Exchange Commission (SEC) for possible U.S. Foreign Corrupt Practices Act (FCPA) violations. This is the U.S. government’s first FCPA action against a major Latin American-based multi-national." Boom Times in Brazil, Part 4 (Developments that might signal corruption reform . . . including Embraer) : FCPAméricas
"The implications are significant. In the past, Latin American executives have watched as major companies were hit by FCPA actions in the region. But the companies were always foreign companies, or their Latin American subsidiaries. Take, for example, IBM in Argentina, Siemens in Venezuela and Argentina, Nature’s Sunshine in Brazil, Alcatel in Costa Rica and Honduras, and Lindsey Manufacturing in Mexico. In each case, Latin American observers could dismiss the action as something against foreigners. Not anymore. Now, one of their own has been hit. Embraer is, through-and-through, a Brazilian corporation. Brazilian executives are on notice." Boom Times in Brazil, Part 4 (Developments that might signal corruption reform . . . including Embraer) : FCPAméricas -
Brazilian
Oil Company Bribe Whistleblowers, Brazilian Energy Company
Illegal Kickback Whistleblowers, Petrobras Employee
Whistleblowers, Energy Company Whistleblowers and Multinational Oil
Company Whistleblowers Are Needed to Protect The Brazilian Energy
Industry From Corruption by Brazil Oil Company Official
Bribe Whistleblower Lawyer, Brazil Petrobras Bribe Whistleblower
Lawyer, and Brazil Corrupt Practices Act Lawyer Jason S. Coomer
The
Brazilian energy industry is dominated by the Brazilian
multinational energy company, Petrobras. Petrobras is the forth
largest company in the world measured by market capitalization.
It is also Brazil's semi-public oil company that is public and
private hybrid. As Brazil's public oil company, Petrobras
has a goal of directing over 50% of its future oil and gas
contracts to local Brazilian companies. This protectionist
economic policy is designed to help develop the Brazilian
petrochemical industry and to limit the influence of foreign
multinational oil companies on the Brazilian economy. However,
avoiding corruption including Santos Basin lease bribes,
Petrobras employee bribes, Brazilian government official bribes,
Petrobras oil lease bribes, and other potential Petrobras
corruption may prove difficult as the historical culture of
Brazilian business and Brazilian government includes substantial
corruption.
With
the rapidly expanding Brazilian economy, foreign direct
investments into Brazil, and Brazilian companies expanding into
other countries have come allegations of government official
bribes, government agent kickbacks, fraud, embezzlement, and
other forms of corruption. Included in these Brazilian
government corruption scandals are several government officials
that are being forced to resign, while other government officials
in President Dilma Rousseff’s cabinet are under investigation
for government corruption. In the aftermath of these corruption
scandals, the Brazilian Congress is in the process of
enacting new law that would dramatically strengthen the Brazilian
foreign bribery laws. The foreign anti-bribery law is part of a
global trend where governments around the world are cracking
down on large corrupt multinational corporations that are
offering bribes and kickbacks to government officials in order to
obtain large government contracts, avoid health & safety
regulations, bypass environmental laws, and exploit
populations in foreign countries.
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