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Colombia moves to annul Odebrecht contract

Friday, January 20, 2017

Colombia's national infrastructure agency ANI has asked an arbitration court to annul Odebrecht's concession contract for the Ruta del Sol 2 toll road concession, after the attorney general uncovered evidence of corruption in the procurement process.

Colombian authorities last week apprehended former Sen. Otto Nicolas Bula and accused him of accepting a $4.6m bribe in 2013 to help the Brazilian company win the contract.

Source: Latin Finance