a year and a half later, the Batista brothers enriched by 2.5 billion rubles

A report by Monica Scaramuzzo in the State of São Paulo announces that a year and a half after highlighting charges brought by brothers Joesley and Wesley Batista, the JBS, owner of Friboi, has regained its shape – and both are R $ 2.5 billion richer. Today, the market value of the company – nearly $ 32 billion – is 23% higher than that of May 17, 2017, when Joesley's recordings with President Michel Temer became public. The shares in the hands of the Baptists, who hold 40.6% of the company, now total 13 billion rubles. One of the largest producers of beef in the world, the group also took its name last March in Operation Flesh Meat, which investigates irregularities and tips to ministry officials. # 39; Agriculture.

After the publication, Joesley and Wesley left in May 2017 to contain the crisis and avoid the outbreak of the family's empire. , the board of directors of JBS and other companies under the control of J & F's holding company. Since then, they have negotiated directly with banks and investors in order to divest part of their business to earn money. Money and thus avoid the anticipated recovery of debts of about R $ 20 billion expiring until 2020. Between May and August of last year, they were sold. (for Minerva) and Alpargatas (for Itaúsa). The following month, the brothers sold Eldorado Celulose (for Paper Excellence) and Vigor (for Mexican Lala). During the arrest of the two brothers last September, José Batista Sobrinho, father and founder of JBS, Zé Mineiro, returned to the command of the company, with the support of BNDES, his main partner, with 21.3% of the activities . 19659002] Zé Mineiro's grandchildren – Wesley Batista Filho and Aguinaldo Gomes Ramos – also join the board of directors of the company. Joesley was jailed for six months and his brother, five months. State-run banks claimed that several investors had attempted to buy the Baptists shares in JBS, but that the brothers had refused to sell all or part of their shares, even with a high premium offered by the roles. The goal of these investors is to buy the BNDES tranche. On July 18, Joesley, Wesley and two donating leaders – Francisco de Assis and Ricardo Saud – will be heard by Federal Supreme Court Minister Edson Fachin at the defense of the accused. The Minister will decide whether or not to abide by the Attorney General's (PGR) decision to nullify the effects of the allegations, as the JBS owners allegedly hid the so-called instructions of former Attorney Marcello Miller to J & F in the negotiations, while Miller was part of the prosecution.