Defendant Name: Centrais Elétricas Brasileiras S.A. 

Defendant Type: Public Company

Document Reference: 34-84973-s

Document Details

Legal Case Name In the Matter of Centrais Elétricas Brasileiras S.A.
Document Name SEC Charges Eletrobras with Violating Books and Records and Internal Accounting Controls Provisions of the FCPA
Document Date 26-Dec-2018
Document Format Administrative Proceeding
File Number 3-18962
Allegation Type Foreign Corrupt Practices Act
Document Summary 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)."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:

Civil Penalty

Individual:     $2,500,000.00 Shared:    

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."