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Brazilian government denies interfering in deal between Delta and J&F

The Brazilian Government released a statement last Friday (May 11) denying it had interfered in the deal between Delta Construções and the holding company, J&F, which controls JBS, the world’s largest meat processor. "They are false, so the conclusions that such operation was endorsed by the government," says a statement issued by the press office of the Presidency.

Folha de S. Paulo newspaper says José Batista Júnior, one of the owners of JBS, says the government has approved the deal.

The government’s statement adds that the Comptroller General (CGU) has begun a process to stop Delta Construções being contracted by the government.

PSDB party members of the Parliamentary Investigative Commission (CPI) say they will call the president of J&F, Joesley Batista, and the president of Brazil’s state-owned development bank, BNDES, Luciano Coutinho. They want both men to answer questions about the purchase of Delta. BNDES owns a third of JBS, the biggest company owned by J&F.

Information provided by Valor Economico

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