A federal court in Rio de Janeiro sentenced a Brazilian judge to eight years imprisonment on Tuesday for driving confiscated luxury vehicles, local media reported.
The judge also kept another luxury car confiscated from Batista in his garage, as well as a piano and several Rolex watches.
They were seized by a court from Batista, once Brazil’s richest man, because of his high debts, the O Globo news portal reported.
In 2012, Batista had a net worth of 30 billion dollars, making him the seventh wealthiest person in the world, according to Forbes magazine.
His wealth plummeted due to strategic mistakes, a drop in oil prices, falling stock prices and criminal proceedings following corruption allegations.
via Apex Reporters