20 January, 2022 - 22 January, 2022
25 January, 2022 - 26 January, 2022
Porto Alegre, Brazil
26 January, 2022 - 27 January, 2022
New York, U.S.
07 February, 2022 - 09 February, 2022
08 February, 2022 - 10 February, 2022
Wesley Batista from holding company J&F Investimentos, owner of meatpacking giant JBS SA, was released from prison under court order on February 24.
After serving a six-month prison sentence, Wesley Batista is banned from leaving Brazil without approval from the court of justice as well as from participating in the management of companies owned by J&F, or any other market activities. He will also have to wear an ankle monitor and present himself to police quarters once a week.
His brother, Joesley Batista and former JBS Chairman, is to remain in prison as he has a second federal warrant arrest against him for, allegedly, having concealed information during negotiations over a previous plea bargain.
As previously reported by ILM, the Batista brothers were charged with insider trading after prosecutors revoked plea-bargain agreements made in May 2017.