Brazil Levies Record $3.2 Billion Fine On Parent Of Meatpacking Giant
The holding company behind JBS has agreed to pay roughly $3.2 billion to authorities. The plea agreement implicated President Michel Temer in the vast corruption scandal now roiling the country.
by Colin Dwyer
May 31, 2017
1 minute
Brazil's massive, yearslong corruption investigation has reached a historic mile-marker: J&F Investimentos, the holding company behind meatpacking giant JBS SA, agreed to pay roughly $3.2 billion in fines for its involvement
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