Alstom laundered money through Luxembourg, states Brazil corruption probe
French power company Alstom paid millions of dollars in bribes to secure lucrative contracts in Sao Paulo state in 1998, with some of the money being laundered through Luxembourg.
(AFP) French power company Alstom paid millions of dollars in bribes to secure lucrative contracts in Sao Paulo state in 1998, with some of the money being laundered through Luxembourg, a Brazilian newspaper reported Thursday.
The Estado de Sao Paulo cited federal police documents as saying Alstom executives were among 10 people facing charges in connection with the scandal.
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