Marcelo Odebrecht | |
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![]() Odebrecht in 2009 | |
Born | Marcelo Bahia Odebrecht October 18, 1968 |
Alma mater | Universidade Federal da Bahia |
Occupation | Businessman |
Title | Former CEO, Odebrecht |
Term | 2008–2015 |
Predecessor | Emilio Odebrecht |
Successor | Newton de Souza |
Criminal status | House arrest after 2 years and six months in prison |
Relatives | Norberto Odebrecht (grandfather) |
Criminal charge | Active corruption, criminal association and money laundering |
Penalty | 19 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]