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Food Safety News

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J&F Investments

Batistas agree to pay largest ‘leniency fine’ in Brazil’s history

Beef bribery scandal reached highest elected officials in Brazilian government

Beef brothers Joesley and Wesley Batista appear to be surviving the scandal that may bring down Brazilian President Michel Temer.  Shareholder challenges and reviews by U.S. regulators could still be ahead for the meatpackers in the near future. However, their J&F Investments, the largest shareholder of worldwide meatpacker JBS SA, has agreed to pay a $3.2 billion… Continue Reading

Presidential bribes likely to slow JBS USA’s independence day

When Federal Police in Brazil moved on several meatpacking plants on March 17, where meat inspectors were suspected of being on the take, no one could have predicted the probe would shortly be felt as far away as Northern Colorado and other North American locations with JBS USA facilities. But that’s where it’s landed, after two… Continue Reading