Sunday, July 14, 2024

Wesley Batista, JBS CEO, arrested

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The Associated Press

SAO PAULO, Brazil — Brazilian police on Sept. 13 arrested the CEO of the world's largest meatpacker for allegedly using their own plea bargains to gain an advantage in financial markets.

Wesley Batista was taken into custody in Sao Paulo. Batista and his brother Joesley, the former chairman of JBS, have both entered agreements with prosecutors in which they testified that JBS paid bribes to scores of politicians, including President Michael Temer. Temer denies wrongdoing.

The Batistas have been at the center of Brazil's near-operatic corruption investigation in recent weeks — a drama outlined by the. . .

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