The Batistas’ company is also being probed in America now for bribery, and has been accused of price-gouging during the COVID-19 crisis. The New York attorney general, meanwhile, has been asked to look at the company as “an imminent threat” before it goes public on Wall Street.
After admitting to bribing nearly 2,000 elected officials in Brazil in order to secure government funding to fuel their company’s US expansion a few years ago, Joesley and Wesley Batista were slapped with more than $3.2 billion in fines in 2017, the highest in the country’s history.
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This article was first published in the NY Post on 18 April 2020.
