Samsung Heavy Industries (SHI), a South Korea-based engineering company, will pay 812 million reais (U.S. $149.9 million) in a leniency deal with Brazilian enforcement authorities for acts of corruption and money laundering related to “Operation Car Wash.”
The deal, reached Monday with the Federal Public Ministry, the Federal Comptroller General, and the Federal Attorney General, “concerns practices of corruption and money laundering perpetrated by the company and revealed within the scope of Lava Jato,” the prosecutor’s office said in its press release (translated from Portuguese).
