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JBS meatpackers agree to pay record fine of US$ 3.2bn for corruption practices

Thursday, June 1st 2017 - 07:09 UTC
Full article 1 comment

J&F Investimentos, controlling shareholder of the world's largest meatpacker JBS SA,, agreed to pay a record-setting 10.3 billion real (US$3.2 billion) fine for its role in corruption scandals that threaten to topple President Michel Temer. The settlement meant Brazil's sweeping graft investigations have now led to the world's two biggest leniency fines ever levied, Brazilian prosecutors said. Read full article

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