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UPDATE 1-Dominican Republic arrests officials in Odebrecht bribery probe

(New throughout, adds details on arrests and background)

SANTO DOMINGO, May 29 (Reuters) - Nearly a dozen officials and businessman in the Dominican Republic were arrested early Monday in relation to $92 million in bribes paid by the Brazilian construction company Odebrecht to obtain public works contracts.

In a press conference at the Justice Ministry, Attorney General Jean A. Rodriguez announced the names of the 14 people, including officials and lawmakers sought for crimes including money laundering, bribes and submitting false financial statements.

Ten were arrested in the Dominican Republic and another was being sought in Panama, Rodriguez said. He said the probe began last December in collaboration with Brazilian and U.S. authorities and that more charges could be forthcoming.

Rodriguez said he was seeking to strip three lawmakers of immunity from prosecution to face charges.

In December, Odebrecht and petrochemical subsidiary Braskem settled with Brazilian, U.S. and Swiss authorities a record fine of $3.5 billion. In that settlement, Odebrecht admitted to bribing officials in 12 countries. (Reporting by Jorge Pineda; Writing by Michael O'Boyle; Editing by David Gregorio)