Brazil: Brazil police launch new agribusiness inspection probes
Author(s): Pedro Fonseca | Date: May 17, 2017 | Language: English
Source: http://in.reuters.com/ | URL: https://goo.gl/YANIwL | Type: Text
May 16 Brazilian police on Tuesday opened two separate investigations into whether certain food companies improperly received favorable treatment from the Agriculture Ministry, the latest probe ensnaring the powerful farming sector.
The probes into whether inspection procedures were relaxed for meatpacking, dairy and other food companies come two months after industry leaders JBS SA and BRF SA were rocked by allegations of bribing food inspectors.
The investigations have shaken confidence in Brazil’s once-solid agricultural sector, leading some countries to suspend imports of Brazilian meat for about a week and weighing on profits of several industry powerhouses.