Brazilian Tycoon Faces Criminal Charges

Written By The USA Links on Saturday, 13 September 2014 | 14:57


WSJ.com: US Business

Brazilian Tycoon Faces Criminal Charges

Sept. 13, 2014 12:30 p.m. ET


SAO PAULO—Brazil's federal prosecutors have filed criminal charges against Eike Batista, a once high-flying Brazilian businessman, compounding his legal troubles.


Prosecutors in Rio de Janeiro charged Mr. Batista with financial crimes and requested the freezing of 1.5 billion Brazilian reais ($640 million) in assets belonging to the businessman and people close to him, according to documents posted on the public prosecutor's...





Posted by The USA Links at 14:57

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