{"id":492,"date":"2017-02-01T15:39:22","date_gmt":"2017-02-01T15:39:22","guid":{"rendered":"http:\/\/baileyonlineclassroom.com\/theamericasblog\/?p=492"},"modified":"2017-02-01T15:41:51","modified_gmt":"2017-02-01T15:41:51","slug":"brazils-former-richest-man-eike-batista-sent-to-prison","status":"publish","type":"post","link":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/2017\/02\/01\/brazils-former-richest-man-eike-batista-sent-to-prison\/","title":{"rendered":"Brazil&#8217;s former richest man Eike Batista sent to prison (BBC)"},"content":{"rendered":"<p class=\"story-body__introduction\">Former Brazilian oil and mining tycoon Eike Batista has been transferred to a high security prison in Rio de Janeiro after being arrested on arrival from New York.<\/p>\n<p>Once Brazil&#8217;s richest man, he has been accused of paying millions of dollars in bribes to secure contracts with Rio&#8217;s state government.<\/p>\n<p><!--more-->Mr Batista has denied any wrongdoing.<\/p>\n<p>He has promised to help the authorities in their efforts to tackle corruption which he says is widespread in Brazil.<\/p>\n<p>Before boarding the plane and turning himself in to police, Mr Batista said he was returning to Brazil to clear his name.<\/p>\n<p>&#8220;I&#8217;m at the disposal of the courts,&#8221; he told O Globo newspaper in New York. &#8220;As a Brazilian, I am doing my duty.&#8221;<\/p>\n<p>Under Brazilian law, Mr Batista would have been sent to a special prison wing if he had a university degree.<\/p>\n<p>But as he dropped out before finishing his engineering degree in Germany, he will be serving time in an ordinary cell with six other inmates at the Bangu penitentiary.<\/p>\n<p>Many Brazilian jails are overcrowded and controlled by criminal gangs.<\/p>\n<p>The authorities in Rio say, however, that is not the case at Bangu.<\/p>\n<h2 class=\"story-body__crosshead\">German passport<\/h2>\n<p>Mr Batista was met by police as he landed in Rio on Monday morning.<\/p>\n<p>He was escorted off the plane and initially taken to the Ary Franco prison in Rio.<\/p>\n<p>After undergoing medical exams and having his hair cut short, he was transferred to the high security prison in the outskirts of the city.<\/p>\n<p>Mr Batista was declared a fugitive by Brazilian officials after police raided his estate in Rio de Janeiro last week and found he had left for New York just hours earlier.<\/p>\n<p>BBC South America business correspondent Daniel Gallas says there was much speculation on whether Mr Batista would return to Brazil or use his German passport to flee to Europe.<\/p>\n<h2 class=\"story-body__crosshead\">Who is Eike Batista?<\/h2>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\">Seen by many as the face of Brazilian capitalism<\/li>\n<li class=\"story-body__list-item\">Bold, extravagant and charismatic, he made most of his fortune during the commodities boom that brought great wealth to Brazil<\/li>\n<li class=\"story-body__list-item\">Listed in 2012 by Forbes Magazine as the world&#8217;s seventh-richest man, with an estimated fortune of $35bn<\/li>\n<li class=\"story-body__list-item\">His Grupo EBX conglomerate spanned mining, oil, shipbuilding and logistics<\/li>\n<li class=\"story-body__list-item\">After EBX collapsed following a crash in demand for commodities, his wealth slumped to under $1bn (\u00a3800m)<\/li>\n<\/ul>\n<hr class=\"story-body__line\" \/>\n<p>But Mr Batista said the trip to New York was not an attempt on his part to flee justice.<\/p>\n<p>He is now due to be questioned about his alleged involvement in a corruption ring involving powerful business people and influential politicians in Rio de Janeiro state.<\/p>\n<p>Investigators accuse Mr Batista of paying the then-governor of the state, Sergio Cabral, $16.5m (\u00a313.2m) in bribes to win government contracts.<\/p>\n<p>Mr Cabral was arrested in November as part of a larger corruption investigation dubbed Operation Car Wash.<\/p>\n<p>As a result of Operation Car Wash, more than 100 people, including Brazil&#8217;s most powerful building tycoon, Marcelo Odebrecht, have been convicted of crimes such as bribery, racketeering and money-laundering.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Brazilian oil and mining tycoon Eike Batista has been transferred to a high security prison in Rio de Janeiro after being arrested on arrival from New York. Once Brazil&#8217;s richest man, he has been accused of paying millions of dollars in bribes to secure contracts with Rio&#8217;s state government.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-492","post","type-post","status-publish","format-standard","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/posts\/492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/comments?post=492"}],"version-history":[{"count":2,"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/posts\/492\/revisions"}],"predecessor-version":[{"id":496,"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/posts\/492\/revisions\/496"}],"wp:attachment":[{"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/media?parent=492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/categories?post=492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/theamericasblog\/wp-json\/wp\/v2\/tags?post=492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}