Expand / Collapse search
Watch TV
Menu

This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.

CONFLICTS

Brazilian businessman Eike Batista to turn himself in

Associated Press
Published | Updated
  • 50fc8ed5-
    Image 1 of 3

    FILE- In this Nov. 18, 2014, file photo, former billionaire Eike Batista, a Brazilian tycoon once named No. 7 on Forbes' list of the world's richest people, attends a hearing at a federal criminal court in Rio de Janeiro, Brazil. Federal police on Thursday, Jan. 26, 2017, issued an arrest warrant for Batista for allegedly paying bribes to former Rio state Gov. Sergio Cabral to gain advantage in government contracts. Cabral is facing several corruption charges and was jailed in 2016. (AP Photo/Felipe Dana, File) (The Associated Press)

  • 3fb455b6-
    Image 2 of 3

    FILE- In this April 7, 2009, file photo, Brazil's businessman Eike Batista, left, and Rio de Janeiro's governor Sergio Cabral attend a ceremony in which Batista donated R$ 10'000,000.00, around US$ 4.5 US million dollars, for the the Rio 2016 Olympic games bid in Rio de Janeiro, Brazil. Federal police on Thursday, Jan. 26 2017, issued an arrest warrant for Batista for allegedly paying bribes to former Rio state Gov. Sergio Cabral to gain advantage in government contracts. Cabral is facing several corruption charges and was jailed in 2016. (AP Photo/Ricardo Moraes, File) (The Associated Press)

  • c63bcb3a-
    Image 3 of 3

    BRAZIL OUT - NAO PUBLICAR NO BRASIL - Businessman Eike Batista disembarks from a vehicle as he arrives to the Ary Franco prison, in Rio de Janeiro, Brazil, Monday, Jan 30, 2017. Police arrested Batista, a businessman who was once Brazil's richest man on corruption charges, as a string of plea bargains threatened to draw top politicians and executives into a massive graft probe. (Jose Lucena/Futura Press via AP) (The Associated Press)

RIO DE JANEIRO – A Brazilian businessman who was once one of the world's richest people says he will turn himself in to face corruption charges.

Speaking from John F. Kennedy airport in New York late Sunday, Eike Batista told Brazilian television program Fantastico that he was returning to Rio de Janeiro. His American Airlines flight was set to arrive in Rio late Monday morning.

On Thursday, police issued an arrest warrant and went to the businessman's home in Rio. However, he was not there.

Batista is wanted for allegedly paying bribes to former Rio de Janeiro state Gov. Sergio Cabral, apparently to gain advantage in landing government contracts. In the interview, Batista declined to comment on the charges. He says he is returning, in his words, "to help clean things up."