Brazil’s former richest man sought by police in vast corruption inquiry

Eike Batista, businessman who made and lost billion-dollar fortune, accused of paying bribes to Rio de Janeiro state governor

Brazilian police have issued an arrest warrant for a businessman famous for amassing and then losing a multibillion-dollar fortune, the latest person caught up in a wide-ranging corruption investigation roiling Latin America’s largest country.

Federal police were working with Interpol to locate Eike Batista, who may be in New York. Batista’s lawyer Fernando Martins told the G1 news portal that his client was travelling and would surrender to police.

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Eike Batista, businessman who made and lost billion-dollar fortune, accused of paying bribes to Rio de Janeiro state governor

Brazilian police have issued an arrest warrant for a businessman famous for amassing and then losing a multibillion-dollar fortune, the latest person caught up in a wide-ranging corruption investigation roiling Latin America’s largest country.

Federal police were working with Interpol to locate Eike Batista, who may be in New York. Batista’s lawyer Fernando Martins told the G1 news portal that his client was travelling and would surrender to police.

Continue reading…

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