Local October 24, 2016 | 11:22 pm

Bombshell: Brazil bribes in Dominican Republic: Bloomberg

Santo Domingo.- Brazil plane maker Embraer SAagreed to pay US$205 million to resolve long-running corruption probes by theU.S. and Brazil that started with an airplane deal with the Dominican Republicand spread to other countries, Bloomberg reports on Monday.

Thewire service reports that Embraer will pay US$107 million to the U.S. JusticeDepartment and enter into a three-year deferred prosecution agreement.

"The company, which admitted to beinginvolved in a conspiracy to violate U.S. anti-bribery laws, will pay anadditional penalty of (US)$98 million to the Securities and Exchange Commission,Bloomberg reports, adding that the company is paying Brazilian authorities US$20million," the wire service said quoting a statement from the agency.

Medina’s anticorruption talk falters

The revelation will likely rock the DominicanRepublic where president Danilo Medina on Friday challenged US ambassador JamesW. Brewster to reveal cases of corruption which the envoy affirmed occur in theDominican government.

Named in the alleged bribe of US$3.5 million areMirabal province senator Renee Canaan, former defense minister Rafeal PeñaAntonio, and AirForce colonel Carlos Piccini, who is being held in thecase involving the purchase of eight Super Tucano intercept planes for US$93.5million, during the administration headed by Leonel Fernandez, of the ruling PLD party..

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