WASHINGTON Dec 21 Brazilian petrochemical firm
Braskem S.A. has agreed to pay $957 million to settle charges it
created false books and records to conceal millions of dollars
in bribes to Brazilian government officials, the U.S. Securities
and Exchange Commission said on Wednesday.
The SEC said in a statement that Braskem S.A.,
whose stock trades in the United States, had agreed to pay $957
million in a global settlement with the SEC, the U.S. Justice
Department, and authorities in Brazil and Switzerland.
(Reporting by Doina Chiacu)