|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.