Brazilian Prosecutors Charge JBS Shareholder With Corruption

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Brazilian federal prosecutors presented charges against Joesley Batista, a major shareholder in meatpacker JBS SA (JBSS3.SA), another senior executive and a former federal prosecutor accusing them of corruption, money laundering and obstruction of Justice, a source familiar with the matter said on Tuesday.

The charges against Joesley Batista, former executive Francisco Assis and former federal prosecutor Angelo Goulart were presented to a Brazilian court. They would become defendants in a criminal case if the court agreed with the charges.

Lawyers for Batista and Assis said in a statement that charges against Batista and Assis could not be presented before the decision by the Supreme Court on the validity of their plea deals. Efforts to locate an attorney for Goulart were unsuccessful.

The charges, which are under seal, accuse Goulart of leaking internal Prosecutors Office information to Batista and Assis to ease their negotiations for a plea deal.

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