The world’s largest meat-processing giant was forced to shut down some of its US plants as more than 100 of its workers tested positive for COVID-19 last week, but the pandemic may be the least of its problems.
The Brazilian billionaire brothers — one of whom owned a Manhattan penthouse — controlling the massive meat producer JBS, which slaughters 13 million animals a day and has revenues of $50 billion a year, have been linked to high-level government corruption that has rocked the South American country.
The Batistas’ company is also being probed in America now for bribery, and has been accused of price-gouging during the COVID-19 crisis. The New York Attorney General, meanwhile, has been asked to look at the company as “an imminent threat” before it goes public on Wall Street. Joesley Batista, 48, who along with his 47-year-old brother Wesley spent six months in jail in Brazil charged with insider trading, sold a sprawling 7,000 square foot
apartment in midtown’s Baccarat Hotel in 2018. The posh pad across the
street from the Museum of Modern Art was valued at more than $11 million — funds that were earmarked toward paying off the brothers’ fines and legal costs, according to Brazilian press reports. After admitting to bribing nearly 2,000
elected officials in Brazil in order to secure government funding to
fuel their company’s US expansion a few years ago, Joesley and Wesley
Batista were slapped with more than $3.2 billion in fines in 2017, the
highest in the country’s history. Now JBS’s parent company, J&F Investimentos,
is reportedly the subject of US Justice Department and Securities and
Exchange Commission investigations for alleged bribery here. Last year,
Florida Sen. Marco Rubio and New Jersey Sen. Bob Menendez urged the federal government
to investigate the beef conglomerate and its alleged dealings with the
Venezuelan government after the company developed business ties with the
administration of President Nicolas Maduro. The US has levied sanctions
against the Venezuelan leader...MORE
Issues of concern to people who live in the west: property rights, water rights, endangered species, livestock grazing, energy production, wilderness and western agriculture. Plus a few items on western history, western literature and the sport of rodeo... Frank DuBois served as the NM Secretary of Agriculture from 1988 to 2003. DuBois is a former legislative assistant to a U.S. Senator, a Deputy Assistant Secretary of Interior, and is the founder of the DuBois Rodeo Scholarship.
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1 comment:
unbelievable ! glad to hear it !
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Matthew 17 [15] Lord, have mercy on my son: for he is lunatick, and sore vexed: for ofttimes he falleth into the fire, and oft into the water.
Revelation 17 [15] And he saith unto me, The waters which thou sawest, where the whore sitteth, are peoples, and multitudes, and nations, and tongues. [16] And the ten horns which thou sawest upon the beast, these shall hate the whore, and shall make her desolate and naked, and shall eat her flesh, and burn her with fire.
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STUCK INSIDE ANYWAY, READ THIS
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Billionaires are BRILLIANT !
scratchwiththechickens@gmail.com
seeking benefactor
!
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