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Brazil anti-trust body says bids rigged for 2014 World Cup

Brazil anti-trust body says bids rigged for 2014 World Cup | iNFOnews.ca
FILE - In this July 13, 2014 file photo, fireworks explode over the Maracana Stadium after the World Cup final match between Germany and Argentina at the Maracana Stadium in Rio de Janeiro, Brazil. Germany won 1-0. Brazil's anti-trust body CADE released a report Monday, Dec. 5, 2016, that said several construction companies rigged bids for 2014 World Cup stadiums, driving up costs by overcharging for the work. They included Rio de Janeiro’s famous Maracana stadium, where Germany defeated Argentina 1-0 in the 2014 World Cup final. (AP Photo/Hassan Ammar, File)

RIO DE JANEIRO – Brazil’s anti-trust body says several construction companies rigged bids for 2014 World Cup stadiums, driving up costs by overcharging for the work.

Five stadium projects were mentioned in the report by the anti-trust body CADE. They included Rio de Janeiro’s famous Maracana Stadium, where Germany defeated Argentina 1-0 in the 2014 World Cup final.

CADE says three other stadiums used in the World Cup also could have been tainted by corruption.

CADE says it obtained the bid-rigging information in a leniency agreement with construction company Andrade Gutierrez.

Reports have been widespread about corruption linked to World Cup stadiums, and construction projects tied to this year’s Olympics in Rio de Janeiro.

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