MATÍAS DI SANTI

Brazilian Lava Jato Companies tried their Scheme in Argentina to impose surcharges

Odebrecht was not the only one. Four companies were awarded a dozen works to build large infrastructures in Argentina, nearly always using the gimmick of an attractive quote and the accompanying financing by a Brazilian state development bank. However, they subcontracted other providers afterward and, with the projects already in progress, the costs increased and the Argentine State ended up providing the funds, over US$ 9,000 million, of which an average of 300 million per work corresponded to surcharges. In addition, today many of the projects remain unfinished. The pattern would be used by Brazilian construction companies in other Latin American markets.

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