Brazil judge suspended over tycoon's Porsche

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Offline riaduzzaman

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Brazil judge suspended over tycoon's Porsche
« on: March 04, 2015, 04:01:18 PM »
A judge in Brazil has been suspended from a high-profile case against Eike Batista, a tycoon who is accused of insider trading, officials say.
Flavio Roberto de Souza was deemed unfit to continue because he was caught driving home in Mr Batista's Porsche.
The judge said police had no appropriate place to park the car - confiscated by his own order - so he took it home for safe keeping.
The judge's decisions in the case are now annulled, meaning a likely retrial.
A number of car belonging to Mr Batista have been confiscated by a court order
A new judge is expected to be appointed in the case, which began last November.
Mr Batista was once Brazil's richest person, with an estimated $30bn (£20bn) fortune.
He is accused of manipulating market charges in the sales of shares of two of his companies. He has denied wrongdoing.
If convicted, he faces up to 13 years in prison.
http://www.bbc.com/news/world-latin-america-31723324
Md.Riaduzzaman
Assistant Professor, Department of Law
Daffodil International University
Dhaka, Bangladesh.

Offline Farhana Helal Mehtab

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Re: Brazil judge suspended over tycoon's Porsche
« Reply #1 on: March 04, 2015, 04:56:57 PM »
Wish to know the verdict  >:(

Offline Ferdousi Begum

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Re: Brazil judge suspended over tycoon's Porsche
« Reply #2 on: March 10, 2015, 11:01:17 AM »
 :-[