Ex-Brazilian billionaire Batista re-arrested
RIO DE JANEIRO: Brazilian ex-billionaire Eike Batista, who has been under house arrest pending an appeal of a 30-year jail sentence, was arrested again on Thursday as part of a sprawling corruption probe, officials said.
Batista, once the richest man in the Latin American country, was detained in Rio de Janeiro after a judge issued an order for his arrest, federal police told AFP.
Judge Marcelo Bretas also ordered the arrest of Batista´s associate, Luiz Arthur Correia, along with four others, G1 news site reported.
They are suspected of insider trading and money laundering, G1 said.
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 of the world´s wealthiest.
But by 2013 a downturn in the commodities market wiped out a fortune that had been estimated at $30 billion.
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