English 
Francês 
Alemão 
Italiano 
Japonês 
Norueguês 
Portuguese 
Spanish 
3 min of reading 
Eike Will Have to Pay R$ 116 Million Upfront, as Soon as the Agreement Is Approved by the Supreme Federal Court (STF). The Rest of the Amount Can Be Paid Over 4 Years.
Of the 800 million reais in fines to be paid by Eike Batista in the agreement made on Monday (03/23) to the Federal Public Ministry (PGR), the first amount of 116 million from the plea bargain may be allocated to the Ministry of Health to combat the new coronavirus. The Brazilian drilling company Perbras is hiring for positions in Macaé, Bahia, Espírito Santo, and Campos dos Goytacazes
Read Also
- Plant with Job Openings for High School and College Professionals, Today, March 24
- PetroRio Oil and Gas Starts Curriculum Registration for Higher Education Engineering Positions
- Multinational Company Requests Offshore Safety Engineers to Work Coordinating Emergency Response Plans on Platforms
And What Did Eike Batista Reveal in the Agreement Closed Yesterday by Lawyers Rodrigo Mudrovitsch and Victor Rufino, to Be Signed by Friday?
-
Chinese giant worth nearly R$ 4 billion that manufactures cables for electric cars, solar energy, and robotics wants to open a factory in SC.
-
Many employers do not know, but the law guarantees domestic workers a 25% increase in salary during trips, 50% for overtime, 20% for night shifts, and 17 additional benefits that can lead to labor lawsuits if not paid.
-
Gasoline prices soar and the question arises: is ethanol more advantageous? The 70% rule reveals the limit with gasoline.
-
The government has made a decision and is starting a test with more ethanol in gasoline, anticipating a mixture of up to 35%, diesel with 25% biodiesel, and a study to assess the impacts on engines.
The former richest man in Brazil detailed to the PGR, after a long negotiation, the irregular operations with the banks: JP Morgan, Goldman Sachs, BTG Pactual, ItaúBBA, Morgan Stanley, and Credit Suisse, totaling around US$ 1 billion. The irregularities occurred over a long period — both at his peak when he was the seventh richest person in the world and during the years of the downfall of the X empire.
The agreement of 800 million reais still needs to be approved by the Supreme Federal Court. From this total, Eike will have to pay R$ 116 million upfront. The rest of the amount can be paid over 4 years. This is the first plea bargain agreement under the management of PGR Augusto Aras. Aras intends to allocate the first payment to the Ministry of Health to combat the new coronavirus.
In addition to the fine, the businessman will serve a four-year sentence, one in a closed regime, two in a semi-open regime, and one year in house arrest. Lawyers Rodrigo Mudrovitsch and Victor Rufino are representing the businessman.
Old Cases
It was in 2013 that Eike Batista’s businesses went into crisis, and he began to relinquish control of the companies and sell off assets.
The businessman was arrested in January 2017. At the time, he was outside the country and was considered a fugitive when federal police attempted to execute the arrest warrant and did not find him at his home — the PF requested the inclusion of Eike’s name on the Interpol wanted list.
In this case, the owner of the EBX Group was accused by the MPF of participating in a bribery scheme led by former Rio de Janeiro governor Sérgio Cabral. Eike and Flávio Godinho, his right-hand man in the EBX Group, were accused of money laundering for paying US$ 16.5 million to Sérgio Cabral in exchange for benefits in construction and business in Rio de Janeiro, using an account outside the country. The three are also suspected of obstructing investigations.
In 2018, Eike Batista was sentenced to 30 years in prison for paying a bribe to Sérgio Cabral. The decision by Judge Marcelo Bretas of the 7th Federal Criminal Court of Rio de Janeiro accepted the indictment against the businessman for active corruption, money laundering, and organized crime.
Last year, at Bretas’s order, the businessman was arrested in a development of the “lava jato.” When granting a Habeas Corpus, Judge Simone Schreiber, on duty at the Regional Federal Court of the 2nd Region, criticized the arrest. She stated that imprisonment should not be used as a “tool for coercion against the investigated, to interfere with the content of their police interrogation.”
In another case, Eike was also sentenced to eight years and seven months in prison for insider trading and market manipulation. He had previously been absolved from paying a fine of R$ 21 million related to the same case, imposed by the Securities and Exchange Commission. The decision to absolve him was made by the National Financial System Appeal Council of the Ministry of Economy.
Seja o primeiro a reagir!