Ex-CEO Deserves 5 Years For Bribery At Braskem, Feds Argue

By Pete Brush (September 16, 2021, 4:46 PM EDT) -- Brooklyn federal prosecutors argued Wednesday that former Braskem CEO Jose Carlos Grubisich deserves five years in prison for helping foster the Brazil oil giant's systemic bribery operation, after defense lawyers said the four months he already spent locked up should suffice.

The sides staked out different positions in filings lodged before U.S. District Judge Raymond J. Dearie, who will impose a sentence on the 64-year-old defendant at a scheduled Oct. 12 hearing.

Grubisich spent four months behind bars in New York City after he was arrested in late 2019 on Foreign Corrupt Practices Act charges while traveling outside his native Brazil....

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