Global InformationJBS plea bargain in Operation Car Wash information
The JBS Testimonies in Operation Car Wash refer to the leniency agreement signed between the company JBS and the Office of the Attorney General of Brazil (PGR) in April 2017, within the scope of Operation Car Wash. The Brazilian Supreme Federal Court (STF) approved the agreement on May 18, 2017, based on the plea bargain of the owners Joesley and Wesley Batista and executives of the company.[1] On September 14, 2017, former Attorney General Rodrigo Janot rescinded the agreement with Joesley and Ricardo Saud due to suspicions of obstruction of investigation by the collaborators.[2] The following year, Attorney General Raquel Dodge rescinded the agreement with Wesley Batista and Francisco de Assis e Silva due to their omission of criminal facts of which they were aware.[3]
After the testimonies, the São Paulo Stock Exchange (B3) experienced a significant decline, as did the Brazilian Real.[4] The political power of the Temer government was also impacted, particularly regarding the approval of the pension reform.[5]
According to the JBS executives' testimonies, payments were mentioned for over 1,800 politicians, surpassing five hundred million Brazilian Reais to assist in campaigns.[6]
The first actions resulting from the testimonies were Operation Patmos, Operation Achilles' Tendon[7] - which led to the arrest of Wesley Batista -[8] and the PGR's indictment against Michel Temer, as well as an investigation into various politicians mentioned in the collaboration terms.
- ^ "Minister Edson Fachin approves JBS's plea bargain". Agência Brasil. EBC. May 18, 2017. Retrieved May 19, 2017.
- ^ "Janot decides to rescind plea bargain agreement with Joesley and Saud". UOL Notícias. UOL. September 14, 2017. Retrieved September 18, 2017.
- ^ Cite error: The named reference
exame_rescisaowas invoked but never defined (see the help page). - ^ "Political crisis in Brazil may halt pro-market reforms". IstoÉ. May 23, 2017.
... his dream was ruined by the recording of a conversation with Joesley Batista, one of the owners of JBS. The stock market plummeted 8.8 percent, and the real suffered a depreciation of nearly 8% against the dollar.
- ^ Lilian Venturini (September 8, 2017). "How the JBS testimony crisis impacts the Temer government and Operation Car Wash". Nexo.
- ^ Alex Rodrigues; Yara Aquino (May 19, 2017). "JBS helped finance campaigns of 1,829 candidates from 28 parties". EBC.
- ^ Ludimila Souza. "Federal Police operation investigates JBS's misuse of privileged information". Agência Brasil. EBC.
- ^ Renata Agostini; Breno Pires. "After 5 months, STJ orders release of JBS's Wesley Batista; Joesley will remain in custody". Estadão.