Judge removed from insider trading trial of Brazilian ex-billionaire Eike Batista

February 26, 2015 2:30 PM

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RIO DE JANEIRO – Brazilian judicial officials have removed a magistrate overseeing the trial of former billionaire Eike Batista after he was caught driving a Porsche he had ordered seized from the fallen magnate.

The Federal Prosecutors' Office said in a statement Wednesday that judge Flavio Roberto de Souza has been taken off the insider trading case and all his decisions in the matter annulled.

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