Financial Crime Financial Crime

Norway's Statkraft signs leniency agreement in Brazil, fined 18 million reais plus reimbursements

By Caio Rinaldi
  • 18 Oct 2021 14:34
  • 18 Oct 2021 14:55
Brazilian subsidiaries of Norwegian renewable energy firm Statkraft signed a leniency agreement with the country’s authorities regarding Statkraft’s involvement in corruption and bribery in an acquisition in 2015.

In an agreement signed Friday with Brazil’s Comptroller General’s Office and Attorney General’s Office, Statkraft agreed to pay 18 million reais ($3.26 million) in fines, plus

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