IBOV 171,906.72 ▲ 0.51% IPSA 11,537.98 ▲ 1.76% IPC MEX 66,105.23 ▲ 0.57% MERVAL 2,995,129 ▲ 2.81% COLCAP 2,510.72 ▲ 2.09% BVL PERÚ 60,222.25 ▼ 0.17% USD/BRL5.16▲ 0.40% USD/MXN16.95▲ 0.22% USD/CLP911.58▼ 0.37% USD/COP3,055▲ 0.41% USD/PEN3.35▼ 0.09% USD/ARS1,509▲ 0.63% USD/UYU40.18▼ 0.03% USD/PYG5,989▼ 0.11% USD/BOB11.44▲ 0.09% USD/DOP58.07▼ 0.99% USD/CRC446.05▼ 0.89% USD/GTQ7.62▼ 0.04% USD/HNL26.82▲ 0.02% USD/NIO36.62— 0.00% USD/VES782.70▲ 0.48% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.25% EUR/BRL6.01▲ 0.27% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,906.72 ▲ 0.51% IPSA 11,537.98 ▲ 1.76% IPC MEX 66,105.23 ▲ 0.57% MERVAL 2,995,129 ▲ 2.81% COLCAP 2,510.72 ▲ 2.09% BVL PERÚ 60,222.25 ▼ 0.17% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Politics - Brazil Rio de Janeiro

Brazil’s JBS Names High Ranking Politicians in Scandal

By · May 23, 2017 · 2 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Executives from Brazilian meatpacking giant JBS told federal prosecutors that the company paid politicians like current Senate President, Eunicio Oliveira and former Foreign Relations Minister and current Senator Jose Serra, to obtain benefits in legislation passed by Congress.

Brazil, Brasilia,Current Senate President Eunicio Oliveira is said to have received R$5 million to change bill to favor JBS
Current Senate President Eunicio Oliveira is said to have received R$5 million to change bill to favor JBS, photo by Fabio Rodrigues Pozzebom/Agência Brasil.
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According to the executives, Oliveira received R$5 million to make changes in a legislative decree issued by the executive which could potentially jeopardize the properties of J&F, JBS’s parent holding company, if approved. Oliveira was the sponsor of the decree.

“We went to the Finance and Planning Ministries, I looked for senators to sensitize them. We got nowhere. I said, ‘Then there’s only one way: paying a bribe’,” J&F’s Institutional Relations and Government Director, Ricardo Saud told prosecutors.

According to Saud, after speaking to Oliveira, the transfer of R$5 million was agreed upon, which he said were paid as ‘donations’ that ‘had nothing to do’ with electoral contributions.

In the case of former cabinet member, Jose Serra, JBS president Joesley Batista said, the former foreign minister received R$20 million during the 2010 presidential campaign, which only R$13 million was official donation to the PSDB.

“I thought it was all official. Now we found out in the internal audits that, of the R$20 million, R$6 million were paid without being registered as an official donation,” Batista told prosecutors.

In addition to Oliveira and Serra, JBS is also said to have given money to former São Paulo City mayor, Marta Suplicy and former Health Minister, Alexandre Padilha.

JBS President Joesley Batista dropped a bombshell in Brazil’s political scene last week when he revealed that he had recorded a conversation with President Michel Temer, where Brazil’s leader is heard telling the meatpacking executive to continue to pay off former Chamber of Deputies president, Eduardo Cunha, for his silence.

Batista’s testimony to federal prosecutors is part of a plea-bargaining deal made by JBS executives to give them immunity from illegal activities in the Lava Jato (Carwash) scandal.

Live Company IntelligenceJBS N.V. — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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◆ Live Company Intelligence
JBS N.V.
NYSE: JBSJBSConsumer DefensivePackaged Foods283,000 employees
$45.46B
Market cap
Analyst target $18.20

Wall Street view

4.0Buy/ 5
1 Buy0 Hold0 Sell
Avg. price target $18.20  ·  +26% vs 200-day

Valuation & profitability

Market cap$45.46B
Revenue (TTM)$91.17B
P / E ratio12.9
Profit margin1.2%
Return on equity13.4%

Price & risk

52-wk low
$11.45
52-wk high
$17.27
200-day average$14.49

Revenue trend · 6y

20202025
Latest $471.14B

Ownership

Institutions28.6%
Shares outstanding776M
Top holderBNDES Participacoes SA -BNDESPAR
Institutional holders5+ funds

Dividend

Yield7.4%
Payout ratio16.5%
Fwd. annual$1.34
What JBS N.V. does. JBS N.V., together with its subsidiaries, engages in the processing of animal proteins, encompassing activities related to beef, pork, lamb, and poultry worldwide. The company is involved in the production and marketing of prepared foods and other related products, as well as operations in leather, collagen, hygiene and beauty products, metal packaging,…
Data: RT fundamentals (JBS.US) · figures in USD · as of 24 Aug 2026More company intelligence →

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