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Thursday, May 17, 2012

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

 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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