Ex-Braskem CEO Pleads Guilty to FCPA Charges
By EsqSocial Corporation 19/04/21
It is rare that a Chief Executive Officer (CEO) of a company pleads guilty to a criminal Foreign Corrupt Practices Act (FCPA) action. It is even rarer yet when that CEO runs a multi-billion dollar company. Yet that is what happened last week when, according to a Department of Justice (DOJ) Press Release (EDNY), “Jose Carlos Grubisich, the former chief executive officer of Braskem S.A. (Braskem), a publicly traded Brazilian petrochemical company, pleaded guilty before United States District Judge...
By: Thomas Fox