Jailed Odebrecht boss blows whistle on Martinelli bribe deal
Jailed Odebrecht boss blows whistle on Martinelli
Marcelo Odebrecht, the former president of Brazilian company Norberto Odebrecht who is serving a 19-year sentence for corruption, has blown the whistle on his bribery deals with former Panama President Ricardo Martinelli.
The information was reported Sunday, July 24, by the Brazilian newspaper O´Globo. Odebrecht is cooperating with prosecutors investigating the company’s bribery deals around the word. Martinelli is not the only president tto have been named.
According to the report, Odebrecht offered the information to prosecutors in an attempt to reduce his sentence.
The former company president said that bribes was negotiated directly with Martinelli in exchange for contracts, including the construction of the Metro and electrical project.s. He has promised more details of his direct deals with Martinelli during his next interrogation.
Odebrecht has received contracts in Panama worth more than $9 billion. It was recently awarded the contract to build the second line of the Metro for $1.8 billion and a $90 million contract from The Panama City mayor’s office for a street reconstruction project.
Thee have been numerous objections to the continued awarding of contracts to the Brazilian company since its whistle-blowing president was jailed.
