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and bought over USD 1 billion. The release of the recordings caused a sharp drop in the stock price of JBS S.A. shares and in the value in the
Brazilian Real. The Brazilian Securities Commission ("CVM") is investigating the Batista brothers for insider trading. Batista decided to move to the US.
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On May 17, 2017, the
Batista brothers admitted to the Brazilian Federal Police that they had bribed several Brazilian officers and politicians over the previous 12 years. As a result of these bribes, he and his company JBS allegedly obtained funding from the
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of over R$ 10 billion at below market rates, and then used the funds to bribe politicians. In return for their cooperation, the
Brazilian Federal Police set Batista, his brother and other directors of
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Batista was the president of the JBS group and was responsible for the implementation of JBS operations in the US since the acquisition of Swift in 2007.
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278:"JBS pagou para conseguir aportes e financiamentos do BNDES, diz delação de Joesley Batista"
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231:"Joesley e Wesley Batista: quem são os irmãos bilionários que podem derrubar Michel Temer"
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157:. The Brazilian Federal Police charged him with alleged bribes made by his company,
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118:(born 8 December 1972) is a Brazilian billionaire businessman, and founder of
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296:"JBS pagará multa de R$ 225 milhões em acordo de colaboração premiada"
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In July 2016, Wesley
Batista became a suspect in the investigations of
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314:"Brazil watchdog opens new probes into JBS-related insider trading"
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Prior to the release of the recordings, Batista and his brother
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were listed in 2016 among the top 70 billionaires of Brazil by
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Fundo de
Investimento do Fundo de Garantia do Tempo de Serviço
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Batista is married, with three children, and lives in
264:"PF faz buscas na casa de Joesley Batista, da Friboi"
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161:, to former president of the Brazilian parliament
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189:free of charges, with a fine of R$ 225 million.
33: and the second or paternal family name is
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176:2017: Bribery and insider trading allegations
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316:. 19 May 2017 – via www.reuters.com.
250:"70 maiores bilionários do Brasil em 2016"
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13:
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248:Ertel, Lurdete (29 August 2016).
16:Brazilian billionaire businessman
328:"Forbes profile: Wesley Batista"
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135:Wesley Batista and his brother
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369:Brazilian businesspeople
149:2016: Operation Car-Wash
25:, the first or maternal
196:sold several shares of
116:Wesley Mendonça Batista
54:Wesley Mendonça Batista
374:Brazilian billionaires
155:Operation Car Wash
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384:JBS S.A. people
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194:Joesley Batista
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137:Joesley Batista
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107:Joesley Batista
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64:8 December 1972
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23:Portuguese name
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44:Wesley Batista
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359:Living people
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205:Personal life
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66:(age 51)
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337:28 September
335:. Retrieved
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364:1972 births
172:(FI-FGTS).
82:Businessman
27:family name
353:Categories
217:References
213:, Brazil.
145:magazine.
79:Occupation
60:1972-12-08
211:Sao Paulo
109:(brother)
103:Relatives
198:JBS S.A.
187:JBS S.A.
159:JBS S.A.
120:JBS S.A.
95:Children
73:, Brazil
31:Mendonça
21:In this
90:Married
35:Batista
332:Forbes
142:Forbes
126:Career
87:Spouse
183:BNDES
71:Goiás
339:2019
50:Born
29:is
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