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Brazilian food processor to pay $111 million over graft charges

Posted On: Dec. 30, 2022 9:41 AM CST

Brazilian food processor BRF SA has signed an agreement with local authorities to pay around 584 million Brazilian reais ($111 million) to the country's government following graft accusations, Reuters reported. The company's employees were accused of engaging in fraud to evade food safety checks and bribing public officials to gain "undue advantages" following federal police investigations.