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

Police in Brazil on Thursday arrested Eike Batista, the charismatic mining and oil magnate who was once Brazil’s richest man, on suspicion of money laundering and “capital market manipulation.”

In a statement, police said they arrested the eccentric former billionaire at his home in Rio de Janeiro. They were also seeking to arrest one other unnamed suspect, and were carrying out four search warrants on Thursday morning.

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