May 18, 2017 / 11:37 PM / in 8 months

JBS chairman confirms signing plea agreements with Brazil prosecutors

SAO PAULO (Reuters) - Brazilian meatpacker JBS SA’s (JBSS3.SA) Chairman Joesley Batista confirmed on Thursday the signing of plea agreements with prosecutors regarding the country’s widest-ever corruption probe.

    In a statement, Batista, who is one of the controlling shareholders of JBS through his family’s holding company J&F Investimentos, admitted to making improper payments to politicians. He added that outside Brazil, the group has expanded its activities “without violating ethical norms”.

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

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