text

Brazil’s J&F agrees to pay record $3.2 bln fine in leniency deal

J&F Investimentos, controlling shareholder of the world's largest meatpacker JBS SA, agreed to pay a record-setting 10.3 billion real ($3.2 billion) fine for its role in corruption scandals that threaten to topple President Michel Temer.

text

Brazil’s J&F agrees to pay record $3.2 bln fine in leniency deal

JFInvestimentos,controllingshareholderoftheworld'slargestmeatpackerJBSSA,agreedtopayarecord-setting10.3billionreal($3.2billion)fineforitsroleincorruptionscandal