The beleaguered executives at Brazil's scandal-hit meat processor JBS has announced the formation of a special executive committee to help steer the company out of its current predicament. Having already confirmed that JBS parent company J&F had agreed to pay a fine of R$10.3 billion (3.1 billion) under a 'leniency agreement' as part of a settlement deal that would see the company 'detail facts' about its role in two police investigations, JBS is now focusing on restoring the trust of its stakeholders after the huge corruption scandal that engulfed the Batista family and senior members of the Brazilian Government.
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