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Meat Tycoon Wesley Batista Leaves Jail After Almost 6 Months

  • Former CEO of JBS has to remain in Brazil, court orders
  • Ex-Chairman Joesley Batista will still remain in detention
Wesley Batista exits after a congressional inquiry hearing from the National Congress building in Brasilia on Nov. 8, 2017.

Wesley Batista exits after a congressional inquiry hearing from the National Congress building in Brasilia on Nov. 8, 2017.

Photographer: Andre Coelho/Bloomberg
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Wesley Batista, the former boss of Brazilian meatpacking giant JBS SA, walked free from jail after securing his first court victory since a probe into alleged insider trading began last year.

The Superior Justice Court in Brasilia decided on Tuesday by a three-to-two vote to release Batista, 47, after almost six months behind bars. He left the jail in Sao Paulo at 3 a.m. local time Wednesday, according to a spokesman for J&F Investimentos, the Batista family holding company.