Defendant Name: Centrais Elétricas Brasileiras S.A. 

Defendant Type: Public Company
SIC Code: 4911
CUSIP: 15234Q20

Initial Case Details

Legal Case Name In the Matter of Centrais Elétricas Brasileiras S.A. 
First Document Date 26-Dec-2018
Initial Filing Format Administrative Action
File Number 3-18962
Allegation Type Foreign Corrupt Practices Act
AAER 4010

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 26-Dec-2018
Headline Total Penalty and Disgorgement $2,500,000

Related Documents:

34-84973 26-Dec-2018 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On December 26, 2018, the SEC issued an order against Centrais Elétricas Brasileiras S.A. stating: "These proceedings arise out of Eletrobras's violations of the internal accounting controls and recordkeeping provisions of the Foreign Corrupt Practices Act of 1977."
34-84973-s 26-Dec-2018 Administrative Summary
SEC Charges Eletrobras with Violating Books and Records and Internal Accounting Controls Provisions of the FCPA
The SEC stated: "[I]t charged Brazil-based Centrais Elétricas Brasileiras S.A. with violating the books and records and the internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA)."