Brazil Suing Former JBS Chairman

Dan Industry News Release

jbsBrazil’s President is suing the former JBS board chairman and majority shareholder. President Michel Temer filed two lawsuits this week against Joesley Batista for slander and moral damages, after Batista was quoted in an interview saying Temer is “the head of the most dangerous criminal organization in Brazil.” Batista gave details in a magazine interview of the bribery scheme with Brazilian politicians, in which he said Temer would request money for campaigns and allied politicians, according to meat industry publication Meatingplace. However, President Temer says “his lies will be proven.” J&F, the company controlling JBS and owned by the Batista family, closed a plea bargain deal with Brazilian prosecutors to settle corruption charges earlier this month.

From the National Association of Farm Broadcasting News Service.