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Brazil's J&F makes first payment under leniency deal
SAO PAULO, Nov 14 (Reuters) - Brazilian holding company J&F,
which controls the world's largest meatpacker JBS SA,
has made its first payment of a fine agreed under a leniency
deal with federal prosecutors, the press office for the
prosecutors office said on Tuesday.
J&F made a deposit of 50 million reais ($15.09 million) on
Nov. 8, on a total fine of 10.3 billion reais it agreed to pay
as part of the deal, in which it admitted to having paid bribes
to dozens of politicians.
The company will have more than 20 years to pay the total
($1 = 3.3132 reais)
(Reporting by Ricardo Brito; Editing by Leslie Adler; Writing
by Marcelo Teixeira)
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