Odebrecht ex-executive says Brazil president negotiated donation: report

Reuters News
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Posted: Dec 16, 2016 8:13 AM

SAO PAULO (Reuters) - A former senior executive at Odebrecht SA [ODBES.UL] testified that Brazilian President Michel Temer took part in a 2010 meeting regarding donations to his party in return for deals with state oil company Petroleo Brasileiro SA, Folha de S.Paulo reported on Friday.

The newspaper report, the third in a week tying Temer to a vast corruption scandal that has resulted in senior executives and politicians being jailed, is contributing to a political crisis threatening to derail his austerity agenda.

The former head of Odebrecht's industrial engineering unit, Marcio Faria, gave details of the meeting at Temer's office in Sao Paulo in a proposed plea bargain, Folha reported, without naming sources.

More than 70 Odebrecht executives, including jailed former Chief Executive Officer Marcelo Odebrecht, have been offering testimony as part of a leniency agreement with prosecutors.

Press representatives for Temer and lawyers for Faria did not immediately respond to requests for comment.

(Reporting by Brad Haynes; Editing by Jeffrey Benkoe)