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Former JBS Chairman Ready to Surrender to Authorities, Lawyer Says

10 Sep 2017 4:22 pm
By Luciana Magalhães and Jeffrey T. Lewis 

SÃO PAULO -- Joesley Batista, the former chairman of meatpacking giant JBS SA, is ready to turn himself over to Brazil's legal authorities after the country's Supreme Court approved his arrest for allegedly reneging on the terms of a plea-bargain agreement, Mr. Batista's lawyer said Sunday.

High court Justice Edson Fachin approved the arrest following a request from Attorney General Rodrigo Janot, according to documents made public on Sunday.

Mr. Batista and other JBS executives signed the plea deal in April after admitting to paying millions of dollars in bribes to nearly 2,000 Brazilian officials over at least the past decade. The controversial agreement granted them immunity for their criminal acts in return for their full cooperation with legal authorities.

Mr. Janot recently said a recording, possibly delivered by mistake along with other evidence by Joesley Batista and executives, suggested that some of them omitted evidence and that they illegally got help from a law-enforcement official to arrange the deal that allowed them to escape prosecution.

Mr. Batista's brother, JBS Chief Executive Wesley Batista, also signed the agreement, and so far there is no indication his deal is in jeopardy.

Write to Luciana Magalhães at Luciana.Magalhaes@wsj.com and Jeffrey T. Lewis at jeffrey.lewis@wsj.com
 

(END) Dow Jones Newswires

September 10, 2017 12:22 ET (16:22 GMT)

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