Odebrecht loses bid to block probe

THE CORRUPTION mired  Brazilian construction company that  has received over $9 billion in Panama government contracts has lost a claim filed in  Switzerland seeking to block  an investigation in that country by the Public Ministry of Brazil.

Menwhile Switzelnd has asked Panama’s help in its investigation into Odebrecht with millions of dollars in bribes funneled through Panama banks.

A Swiss appeals court has dismissed a claim filed by the construction company

The company had sought to prevent prosecutors from receiving documents related to offshore companies and bank accounts related to the Lava Jato (Car Wash) investigation.

According to the General Prosecutor’s Office of Switzerland, the decision was handed down in the first two weeks of August. It will grant prosecutors in Brazil access to thousands of documents.

Odebrecht plans to appeal the decision to Switzerland’s highest court.