Cgu fine toyo at $ 566 million for fraud and bribes in a contract with Petrobras

The Comptroller General of the Union (CGU) applied a fine of R $ 566 million to the Japanese company Toyo Engineering Corporation for involvement in fraud and payment of bribes related to a contract with Petrobras. The decision was published on Monday (7) in the Federal Official Gazette (DOU).

The penalty is linked to irregularities committed during the construction of the Utility Plant Development Center (CDPU), a work that is part of the Rio de Janeiro Petrochemical Complex (Comperj). The contract, signed in 2011, had a total amount of R $ 3.824 billion.

Read more: STF maintains Toffoli’s decision that annulled actions on Leo Pinheiro in Lava Jato

STJ closes Lava Jato lawsuits against José Dirceu and paves the way for application

According to CGU, investigations of Operation Lava Jato identified a cartelization scheme, bid fraud and money laundering. The agency also pointed out that bribe payments were made equivalent to about 1% of the amount contracted to leaders of Petrobras’s supply and services boards.

In addition to Toyo Engineering, Project of Plants Industriais Ltda. (PPI), controlled by the Japanese company and member of the Tuc Construções Consortium, was also held responsible. Both companies were declared unhealthy, being prohibited from signing contracts with the Public Administration.

The CGU decision also states that companies publish the penalty content in large circulation media, as well as disseminate it to their own physical sites and headquarters, as provided for in the Anti-Corruption Law.