parent company

JBS Parent Company Paying Brazil to Settle Corruption Investigations

Dan Cattle, Industry News Release

The parent company of JBS SA will pay $3.2 billion in a settlement with Brazil over bribery and corruption charges. Meat industry publication Meatingplace reports the fine will be paid over 25 years and is the largest ever in a leniency agreement worldwide. The leniency agreement addresses the involvement of the company in a bribery and corruption scheme with Brazilian …