Old billionaire Eike Batista is temporarily free

Old billionaire Eike Batista is temporarily free

World April 29, 2017 06:21

brasilia - Brazilian businessman Eike Batista is awaiting the remaining period of his trial at home. The Supreme Court in Brazil ruled Friday that Batista, who has been in forearm since January, should be released.

The sixty-year-old Batista was the richest man of the country five years ago and probably the sixth richest person in the world. In the meantime, the lion's share of its wealth has disappeared and Batista is suspected of money laundering and bribery. In 2015, Batista even acquired the nickname 'billionaire in the minus' because he would already have a billion dollar debt.

Batista is blamed, among other things, by accusing the former governor of the state of Rio de Janeiro, Sergio Cabral, of converting 15.5 million euros of lending. The judge indicated that the crimes for which he is entitled are serious but not violent. He therefore sees no reason to hold Batista longer.

Leave a comment

The HOTRECENTNEWS.com is not responsible for the content of external sites.

SEARCH

Back to Top