Eletrobras opens law firm bidding process for “new stage” of FCPA investigation

The bidding process is allegedly required by Brazilian law

The bidding process is allegedly required by Brazilian law (Credit: istock.com/josemoraes)

Eletrobras, Brazil’s state-controlled electricity company, is looking to hire an American law firm to help patch up its compliance programme, after an internal probe found evidence of bribery.

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