Reuters logo
Brazil meatpacker JBS says executives to pay 225 million-real fine
May 18, 2017 / 11:48 PM / 7 months ago

Brazil meatpacker JBS says executives to pay 225 million-real fine

SAO PAULO (Reuters) - Brazil’s JBS SA (JBSS3.SA), the world’s largest meatpacker, said on Thursday that seven of its executives and its parent company J&F Investimentos had signed plea agreements with prosecutors regarding the country’s widest-ever corruption probe.

In a securities filing on Thursday, JBS said the executives will pay a 225 million reais ($67 million) fine.

Reporting by Tatiana Bautzer; Editing by Christian Plumb and Sandra Maler

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below