HALISTER1: Batista Allegedly Laundered $16.5 Mln Bribe Through Mine Deal

Batista Allegedly Laundered $16.5 Mln Bribe Through Mine Deal

(Bloomberg) -- Brazil has recovered about $85 million of more than $100 million under investigation in money laundering probe named “Efficiency”, police and prosecutors said at press conference in Rio de Janeiro Thursday.
  • Police have reached out to Interpol to find Batista
  • No confirmation Batista is on the run, or where he is
  • Batista’s lawyer has indicated the billionaire will turn himself in: Police
  • Some of $85m still abroad: prosecutors
  • Former billionaire Eike Batista allegedly paid former Rio governor Sergio Cabral bribes
  • Payment was allegedly laundered through transactions including a gold mine purchase, and Petrobras, Ambev and Vale shares
  • Evidence was collected through police searches and witness testimony
  • Police still looking for Batista to carry out preventative arrest
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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PETR4 BZ (Petroleo Brasileiro SA)

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Eike Batista (EBX Group Co Ltd)

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