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Brazil's once richest man fined US$ 134 million for insider trading

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An emblem of Brazil's boom years, Batista amassed a fortune with investments in mining and oil that in 2012 put him in seventh place on Forbes's list Eike Batista, once the richest man in Brazil, has been fined around US$134 million for insider trading, the securities commission said on Monday as the ex-billionaire remains under house arrest pending an appeal against a 30-year jail sentence.

Brazil's once richest man fined US$ 134 million for insider trading Brazil's once richest man fined US$ 134 million for insider trading Reviewed by Shahid Karimi on May 29, 2019 Rating: 5

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