By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – J&F in Brazil, controller of meatpacking giant JBS, will pay R$10.3 billion as part of an agreement with the country’s federal prosecutors’ office (MPF) for its participation in the Lava Jato corruption scandal. According to prosecutors this is the largest fine to be paid for corruption in the world.
The agreement calls for the holding company to pay in the next 25 years R$8 . . .