The U.S. Department of Justice has unsealed bribery and money laundering charges against the ex-CEO of a Brazilian company at the center of Operation Car Wash, a massive corruption probe that altered the compliance landscape in Brazil. 

While Jose Grubisich was CEO of Braskem, a Brazilian petrochemical company and subsidiary of global construction conglomerate Odebrecht, he allegedly oversaw a scheme to divert about $250 million of Braskem’s money into a secret slush fund that was used to bribe government officials, according to an indictment unsealed on Wednesday. 

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