Tuesday, December 14, 2021

SECOND MARTINELLI SON PLEADS GUILTY IN ODEBRECHT BRIBERY CASE

Father, Ricardo & Luis

                                           

RICARDO ALBERTO MARTINELLI LINARES, the second son of former Panamanian President Ricardo Martinelli Berrocal, today (14 December) entered a guilty plea in US District Court in Brooklyn, following his brother's prior plea earlier this month. Both pled to Conspiracy to Commit Money Laundering, in the $28m Odebrecht bribery case. They were alleging acting as intermediaries for their father, who was the ultimate recipient of the bribes.

Odebrecht, a Brazil-based giant construction entity, funnelled more that $700m in bribes and kickbacks to government officials and others, to receive, or extend, lucrative government contracts around the world.

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