Brazilian police again arrest Eike Batista, once Brazil’s richest man

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Former billionaire Eike Batista arrives at the Federal Police headquarters in Rio de Janeiro, Brazil, Brazil, August 8, 2019. REUTERS/Ueslei Marcelino

Police in Brazil arrested Eike Batista, who was once the richest man in the country, on Thursday. He has been brought in on suspicion of money laundering and insider trading. Batista has been under house arrest since 2017 on separate charges. In recent years, many wealthy businessmen who were considered untouchable were arrested for their role in graft schemes.

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