RIO DE JANEIRO, BRAZIL - Entrepreneur Eike Batista has been sentenced to eight years and seven months in prison, and to pay a fine of R$118.6 million (US$29.7 million) for using Subscribe to our Premium Membership Plan. Already Subscribed? Login Here
Rio Court Sentences Eike Batista to Eight Years and Seven Months Imprisonment
The entrepreneur has been sentenced to eight years and seven months in prison, and to pay a fine of R$83 million (US$21 million) for using privileged information and for market manipulation in negotiations with assets of OSX.
