Brazilian Businessman Eike Batista Convicted Of Corruption

SAO PAULO (AP) — A Brazilian businessman who amassed and then lost a multi-billion-dollar fortune has been convicted of corruption and money laundering and sentenced to 30 years. Eike Batista was found guilty of paying around $16.5 million in bribes to the former Rio de Janeiro governor to gain an advantage in government contracts.Read more on NewsOK.com

 

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