From bribes to your barbecue: How Australia's biggest meat company is built on corruption

  • 📰 abcnews
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 83%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Chances are you're eating food from a company built on bribes and corruption by two billionaire brothers willing to break the law to get what they want.

Wesley and Joesley both spent time in jail in 2018, accused of insider trading after they sold down shares and speculated on currency ahead of their plea deal.

Despite pledges to crack down on the problem, investigations by Bloomberg and Reporter Brasil allege the problem continues.Coles stocks tinned beef imported from JBS in Brazil on its shelves in Australia but declined to comment on whether it had any concerns about illegal deforestation in its supply chain.

But the company has resisted handing the ATO thousands of pages of correspondence with its tax advisors, PwC, claiming the documents are covered by legal privilege.None of this has curbed JBS's ambitions in Australia, where it's now moving into a whole new industry: fish farming. These voices were countered by Tasmania's then-premier Peter Gutwein and the federal assistant minister for fisheries, Jono Duniam, who both publicly welcomed JBS's salmon plans.

Unlike former Treasurer Joe Hockey, who was happy to laud the JBS takeover of Primo in 2015, Mr Frydenberg has been more tight-lipped. A Batista will continue overseeing the company's expansion in Australia — Wesley's son, Wesley Junior, is now the global president for Oceania.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

In addition to facing corruption charges, JBS: - drives deforestation in Brazil - has a CO2 footprint bigger than Italy's - kept meat plants running in 2020 despite COVID19 outbreaks - slaughters around 26.8 million cows, 46.7 million pigs, and 4.9 billion chickens per year

how about some political corruption in the news or do you only show nwo propaganda in the ABC fake news

You know who incurred a bigger corporate fine than JBS? Pfizer. But we should trust them right? hypocrisy

Oil bbq..plus wine.okey.. Oil..

No doubt they don't pay anywhere near in income tax ( rate wise ) what the average Oz citizen pays and there will no doubt be issues with conditions of employment. Scotty is scared of foreign owned companies

Wonder if Putin owns shares in Australian meat company... don't think so. So ABC forget about it and point your finger to Russia

A stench of bribery- a Tassie Premier's sudden resignation, Frydenberg refusing to discuss ....hmmmm

ABC can take this news and shove it wherever they like because when ur dealing with countries like Brazil china bribery is very common so keep ur proof while we enjoy some bbq

With the prices of food the way they currently are, I am ok with overlooking certain ethical dilemmas.

And it's a Brazilian company

This gives a whole new meaning to porkbarreling JoshFrydenberg auspoI

FIRB a power of veto to foreign investment from a ruling party of the day who love deals where funds flow back to their party - what could possibly go wrong?

I'm a Vegetarian so fck them.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines