Ex-Panama President's Son Cops To Laundering Bribes

By Stewart Bishop (December 2, 2021, 5:55 PM EST) -- One of the sons of former Panamanian President Ricardo Martinelli on Thursday admitted to laundering tens of millions of dollars in bribes made at the direction of Brazilian construction conglomerate Odebrecht SA.

Luis Enrique Martinelli Linares, 39, and his brother Ricardo Alberto Martinelli Linares, 42, stand accused of funneling $28 million in bribes from Odebrecht to an unnamed relative serving in Panama's government from 2009 to 2015. Former President Martinelli was in office from 2009 to 2014.

During an afternoon hearing before U.S. District Judge Raymond Dearie in Brooklyn, Luis Martinelli pled guilty to one count of money laundering conspiracy. He's...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!