JBS parent company agrees $3 billion fine with Brazilian authorities

31/05/2017

JBS has announced that its parent company will pay a fine of 10.3 billion Brazilian reais, which at current rates equates to around $3.2 billion. It will pay the money over a period of 25 years. The fine has come as a penalty for JBS’s contribution to poor industry practice that came to light during wider federal police investigations earlier...