BR100 Decreased By (-1.01%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.89%)
KSE30 Decreased By (-1.04%)
BECO 5.57 Decreased By ▼ -0.26 (-4.46%)
BML 60.50 Increased By ▲ 2.60 (4.49%)
BOP 33.26 Decreased By ▼ -0.53 (-1.57%)
CNERGY 8.04 Decreased By ▼ -0.11 (-1.35%)
DCL 11.31 Decreased By ▼ -0.48 (-4.07%)
FCCL 53.01 Decreased By ▼ -0.48 (-0.9%)
FCSC 5.37 Decreased By ▼ -0.03 (-0.56%)
FFL 17.62 Decreased By ▼ -0.22 (-1.23%)
FNEL 1.32 Increased By ▲ 0.02 (1.54%)
HUMNL 11.15 Increased By ▲ 0.04 (0.36%)
KEL 7.87 Decreased By ▼ -0.15 (-1.87%)
KOSM 5.34 Decreased By ▼ -0.11 (-2.02%)
MLCF 85.15 Decreased By ▼ -2.25 (-2.57%)
NBP 181.75 Decreased By ▼ -2.49 (-1.35%)
PACE 11.55 Decreased By ▼ -0.07 (-0.6%)
PAEL 39.50 Decreased By ▼ -0.75 (-1.86%)
PIAHCLA 25.61 Decreased By ▼ -0.51 (-1.95%)
PIBTL 17.15 Increased By ▲ 0.01 (0.06%)
PPL 224.75 Decreased By ▼ -3.98 (-1.74%)
PRL 34.30 Decreased By ▼ -0.19 (-0.55%)
PTC 65.00 Decreased By ▼ -2.54 (-3.76%)
SEARL 89.81 Decreased By ▼ -1.12 (-1.23%)
SSGC 26.37 Decreased By ▼ -0.46 (-1.71%)
TELE 8.43 Decreased By ▼ -0.10 (-1.17%)
THCCL 69.18 Increased By ▲ 3.04 (4.6%)
TPLP 10.33 Increased By ▲ 1.00 (10.72%)
TREET 24.22 Decreased By ▼ -0.29 (-1.18%)
TRG 69.55 Decreased By ▼ -2.06 (-2.88%)
WAVES 11.03 Increased By ▲ 0.05 (0.46%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
World

Brazilian magnate to give himself up to authorities

Published January 30, 2017 Updated January 30, 2017 09:23am

imageRIO DE JANEIRO: Facing an international arrest warrant Brazilian magnate Eike Batista said Sunday he would give himself up to authorities to "clean things up".

Wanted over money-laundering accusations, Batista is the latest high-profile suspect in investigations linked to a vast bribery scandal at state oil firm Petrobras.

"I'm returning to respond to justice, as it is my duty," Batista said in an interview broadcast by Brazil's Globo TV, which was shot at New York's John F. Kennedy airport.

It's time "to help clean things up," the mogul said before boarding a flight for Rio de Janeiro.

Batista, 60, is alleged to have paid a $16.5 million bribe to former Rio de Janeiro state governor Sergio Cabral, who is already behind bars.

The cross-border agency Interpol last week issued a "red notice" alert for Batista after Brazilian police searched the oil and mining magnate's home over the corruption accusations.

Batista reached number seven on Forbes magazine's world richest people list in 2012. In 2011 he was said to be worth $30 billion.

But his fortune largely evaporated when his oil company OGX collapsed in 2013.

Copyright AFP (Agence France-Press), 2017

Comments

Comments are closed for this article.