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CORRECTED-Brazil prosecutors seek $1.32 bln in fines from dozens accused of crimes [Yahoo! Finance News]

JBS S A S/ADR (JBSAY) 
NASDAQ:AMEX Investor Relations: jbss.infoinvest.com.br/?idioma=enu
CORRECTED-Brazil prosecutors seek $1.32 bln in fines from dozens accused of crimes Corrects that the allegations involve an investment fund linked to Joesley Batista, not meatpacker JBS SA) BRASILIA, Oct 25 ) - A task force of Brazilian public prosecutors said on Friday it is seeking to fine over a dozen people 5.3 billion reais $1.3 billion) on accusations of fraud, money laundering and corruption involving an investment fund linked to prominent businessman Joesley Batista. Batista, the biggest shareholder in meatpacker JBS SA , is not among the 14 people accused of crimes, the public prosecutors noted in a statement that said the criminal accusations are based on information gathered from plea deals, including one signed by Batista. In a statement, Batista said he is "committed to collaborating with Brazilian authorities to fight corruption" since he signed a plea deal with prosecutors two years ago. The Batista brothers have admitted to corruption crimes in exchange for not being p Show less Read more
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