Former Braskem chief arrested in US for bribery
Ex-leader of Brazilian petrochemical firm allegedly helped divert $250m to a secret slush fund to bribe government officials and political parties
Jose Carlos Grubisich, former chief executive of the Brazilian petrochemical company Braskem, was arrested in a New York City, US, airport on 20 November. The US Justice Department has charged him with corruption and bribery charges. Grubisich left his position as head of Braskem in 2008, but continued to serve in other capacities at the firm as well as its parent company Odebrecht, and remained a Braskem shareholder.