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Brazil prosecutors to investigate if J&F violated leniency deal
October 9, 2017 / 9:52 PM / a month ago

Brazil prosecutors to investigate if J&F violated leniency deal

BRASILIA (Reuters) - Federal prosecutors in the Brazilian capital have opened an investigation into whether holding company J&F Investimentos SA violated the terms of a leniency deal, press representatives for the prosecutors office said on Monday.

J&F Investimentos, which manages the fortune of the Batista family, including a controlling stake in JBS SA (JBSS3.SA), the world’s largest meatpacker, agreed in May to pay a record fine of 10.3 billion reais ($3.2 billion) for its involvement in corruption.

Reporting by Ricardo Brito; Writing by Tatiana Bautzer; Editing by Jonathan Oatis

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