World’s eighth-richest person
and Brazil's troubled tycoon Eike Batista could see his assets frozen as federal prosecutors accuse him of financial market crimes. The freeze could affect assets valued at as much as $641m, including boats and financial holdings, a government statement said. Eike Batista’s shipbuilding company OSX filed for bankruptcy protection in October 2013.
Eike Batista saw his empire collapse last year.
Now, Eike Batista is accused of insider training and market manipulation that carry jail sentences in Brazil of as much as 13 years