Novonor.
Brazilian company involved in a corruption scandal in Latin America
- Reports this week
- 0
- Active events
- 1
- Connections
- 20
What's happening
One to three months ago
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Braskem is undergoing restructuring while Novonor (the renamed Odebrecht holding company) is involved. IG4 Capital acquired shares from Novonor, and Petrobras is observing from the sidelines.Some support2 reports1 development inside
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Novonor agreed to sell shares to Shine I, impacting Braskem's structure, while Magda Chambriard chairs Braskem's board.Some support1 report
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A construction cartel is alleged to have used bribery to secure contracts involving Novonor.Some support1 report
Gone quiet
No new reports in 90+ daysNo events began in the chosen period. Widen it, or reset.
Around Novonor this week
News at the entities that move Novonor most-
Braskem StructuralBraskem filed a case in a US Bankruptcy Court alleging it is not paying debts amid financial and geological issues.Moves Novonor
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Petrobras StructuralMultiple international energy companies, including TotalEnergies, Petrobras, and QatarEnergy, are weighing entry into Peruvian offshore oil blocks.Moves Novonor
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Peru TransactionalAlberto Fujimori used a caged display against terrorists in Peru, while Iranian authorities displayed propaganda targeting Donald Trump.Moves Novonor
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Latin America Shared contextMiami, Dubai, and Hong Kong are highlighted as key global hubs connecting Latin America, the Middle East, and global markets.Moves Novonor
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Keiko Fujimori TransactionalFujimori's administration launched a command against crime in Peru, while the Interior Ministry presented its budget.Moves Novonor
Connections
The 8 strongest of 20, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
Braskem Structural
Novonor held a controlling stake in Braskem, establishing a parent-subsidiary relationship.
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Ollanta Humala Transactional
Novonor provided illicit campaign contributions to Ollanta Humala, which was central to a corruption scandal.
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Petrobras Structural
Petrobras acts as a gatekeeper, exerting control over Novonor's corporate actions, such as stake transfers.
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Peru Transactional
Novonor provided illicit campaign contributions to Peru.
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Peru Transactional
Novonor engaged in the transactional act of paying bribes to Peruvian officials, leading to corruption investigations.
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Latin America Shared context
Novonor's operations are implicated in the political scandals of Latin America.
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Keiko Fujimori Transactional
Novonor is alleged to have made campaign contributions linked to Keiko Fujimori.
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Magda Chambriard Mentioned together
The provided evidence does not contain any direct relationship between Magda Chambriard and Novonor.
History
Events by the month they beganSeptember 2026
1 eventAugust 2026
1 eventJune 2026
3 events- Braskem, the largest petrochemical company in the region, faces financial difficulties due to debt, high interest rates, and a ground-collapse disaster in Latin America.
- Braskem is undergoing restructuring while Novonor (the renamed Odebrecht holding company) is involved. IG4 Capital acquired shares from Novonor, and Petrobras is observing from the sidelines.
- Petrobras, a state-controlled oil company, holds significant sway over Braskem's ownership structure, which is currently held by Novonor.