Brazil appeals judge lifts temporary arrest of former billionaire Eike Batista


  • World
  • Sunday, 11 Aug 2019

FILE PHOTO: Former billionaire Eike Batista arrives at the Federal Police headquarters in Rio de Janeiro, Brazil, Brazil, August 8, 2019. REUTERS/Ueslei Marcelino/File Photo

RIO DE JANEIRO (Reuters) - A Brazilian appeals court judge ordered on Saturday the release of Eike Batista, the mining and oil magnate who was once Brazil's richest man, revoking a temporary prison order that would expire on Monday.

On Thursday, the police arrested the eccentric former billionaire in Rio de Janeiro on a temporary basis on suspicion of money laundering and insider trading.

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