September 11, 2017 / 10:28 PM / in a year

Brazil judge suspends aspects of J&F leniency pending Batista plea bargain

BRASILIA (Reuters) - A Brazilian judge on Monday suspended criminal aspects of a leniency accord for J&F Investimentos SA, the holding company with which the billionaire Batista family controls meatpacker JBS SA (JBSS3.SA), according to a court document.

Brazil's billionaire businessman Joesley Batista leaves the Federal Police headquarters after losing immunity from prosecution amid a corruption scandal, in Sao Paulo, Brazil, September 11, 2017. REUTERS/Leonardo Benassatto

Federal Judge Vallisney de Souza Oliveira ruled that the agreement protecting J&F from fallout from its owners’ plea bargain in a corruption case should not take effect in his jurisdiction until the Supreme Court rules on whether to uphold that plea deal.

(The story corrects first paragraph to clarify that judge’s ruling affects criminal aspects of leniency agreement, not entire accord)

Reporting by Ricardo Brito; Editing by Sandra Maler

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