ABSTRACT

Serial No. 116-18: Understanding Odebrecht: Lessons for Combating Corruption in the Americas, Hearing Before the Subcommittee on the Western Hemisphere, Civilian Security, and Trade of the Committee on Foreign Affairs, House of Representatives, One Hundred Sixteenth Congress, First Session, Tuesday, March 26, 2019   [open pdf - 2MB]

This is the March 26, 2019 hearing on "Understanding Odebrecht: Lessons for Combating Corruption in the Americas" held before the House of Representatives Subcommittee on the Western Hemisphere, Civilian Security, and Trade of the Committee on Foreign Affairs. From the opening statement of Albio Sires: "In this hearing, [...] [we] will examine how Odebrecht attempted to buy off politicians from across the political spectrum. We will also look at how it moved money across borders using anonymous shell companies. A harsh reality is that dirty money from Odebrecht passed frequently through U.S. banking and financial systems. We must examine how we can do a better job in the future of stemming these illicit flows. We should also take this opportunity to assess U.S. policy and U.S. assistance programs to combat corruption in Latin America. Many governments and civil society organizations in the region are working hard to learn from cases like Odebrecht and prevent this from happening again. I believe the U.S. must be a reliable partner for those government officials seeking to root corruption and for the local organizations seeking to expose it. We should identify and support those who show the courage and political will to tackle this problem wherever it appears. As we look to the Fiscal Year 2020 budget, it is essential that we provide levels of foreign assistance funding that reflect our commitment to supporting a regional fight against corruption." Statements, letters, and materials submitted for the record include those of the following: Michael Camilleri, Katya Salazar, and David L. Hall.

Report Number:
Serial No. 116-18
Publisher:
Date:
2019
Copyright:
Public Domain
Retrieved From:
Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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