Ex-Brazil tycoon Batista handed 30-year sentence for corruption


  • World
  • Wednesday, 04 Jul 2018

FILE PHOTO: Former billionaire Eike Batista (C) arrives at the Federal Police headquarters to give a testimony in Rio de Janeiro, Brazil, January 31, 2017. REUTERS/Ueslei Marcelino

SAO PAULO (Reuters) - Eike Batista, the former mining and oil magnate who was once Brazil's richest man, was convicted and sentenced to 30 years in prison for bribing Rio de Janeiro state's disgraced ex-governor, according to a court document published on Tuesday.

Batista's conviction and sentencing by federal judge Marcelo Bretas are the latest in a wave of graft investigations that have sent scores of powerful businessmen and politicians to jail.

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