Novonor.
Brazilian company involved in a corruption scandal in Latin America
- Reports this week
- 1
- Active events
- 1
- Connections
- 20
What's happening
Earlier this month
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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
One to three months ago
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 StructuralSenator Renan Calheiros challenges Braskem's compensation deal amid operational issues caused by rock-salt mining in Maceió.Moves Novonor
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Petrobras StructuralFinancial institutions are tracking investor preparation and modeling portfolios in response to the ongoing Brazilian presidential contest.Moves Novonor
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Peru TransactionalEl Niño affects coastal waters of Chile, while Humboldt penguins live along the arid coast of Peru. A university is partnering in the Punta San Juan Program.Moves Novonor
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Latin America Shared contextPartnership initiative begins in Colombia to help women by providing free cloud computing and AI training through Amazon entities in Latin America.Moves Novonor
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Keiko Fujimori TransactionalKeiko Fujimori is president of Peru and has been courting investors on U.S. soil.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.