Marcelo Odebrecht

Marcelo Odebrecht
Odebrecht in 2009
Born
Marcelo Bahia Odebrecht

(1968-10-18) October 18, 1968 (age 55)
Salvador, Bahia, Brazil
Alma materUniversidade Federal da Bahia
OccupationBusinessman
TitleFormer CEO, Odebrecht
Term2008–2015
PredecessorEmilio Odebrecht
SuccessorNewton de Souza
Criminal statusHouse arrest after 2 years and six months in prison
RelativesNorberto Odebrecht (grandfather)
Criminal chargeActive corruption, criminal association and money laundering
Penalty19 years and 4 months in prison

Marcelo Bahia Odebrecht (Brazilian Portuguese: [maʁˈsɛlu baˈjɐ odɛˈbɾɛ(t)ʃ]; born 18 October 1968) is a Brazilian businessman and the former CEO of Odebrecht, a diversified Brazilian conglomerate. In March 2016, he was sentenced to 19 years in prison for paying more than $30 million in bribes. The jail sentence was reduced to ten years in prison in December 2016 for paying a fine, admitting guilt and providing evidence to authorities.[1][needs update]

  1. ^ "Billionaire Odebrecht in Brazil scandal released to house arrest". Reuters. 19 December 2017. Retrieved 8 April 2018.

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