JBS and the Java Late Scandal: Joesley Batista (JBS) turns himself in

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Joesley turned himself in to Brazilian police on September 10th, after the country’s Supreme Court had issued an arrest warrant for the latter. With Joesley Batista, majority stockholder of JBS, Ricardo Saud, financial manager of J&F, holding through which the Batista family controlled the meat multinational, also turned himself in to the authorities. The request for precautionary measures stems from the investigators’ finding of a recording that would suggest a possible crime not included in the list that was part of the Brothers’ plea bargain. The Java Lato case, that didn’t seem to include judiciary actions for the Batista brothers, now has an additional aspect. According to Brazilian press, the group’s legal group is at work to ensure that the plea bargain does not fall apart. The option to raise the amount for the monetary retribution is being considered at this time.

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