- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
J&F Investimentos, the holding company of meat-packing company JBS, has agreed to pay a record 10.3 billion reais (US$3.2bn; £2.4bn) fine for its role in a widespread corruption scandal, deepening Brazil's anti-corruption enforcement crackdown.
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Brazilian company JBS, the largest meat producer in the world, and its holding company agreed to pay nearly $300 million for systemic and widespread corruption in settlements with two U.S. enforcement agencies.
As Brazilian investigators look into massive corruption between public officials and one of the country’s biggest companies, scandal-weary Brazilians wonder when this will all end.
Whether you’re a multinational telecommunications company looking to certify your anti-corruption program post-settlement, or a biochemical company victimized by a “rogue” employee, seeing the light at the end of the enforcement tunnel isn’t always easy.
