Brazil ex-billionaire and entrepreneur Eike Batista out of jail amid corruption investigation

Once one of the world’s richest men, Brazilian entrepreneur Eike Batista was out of jail Sunday after having been detained for violating terms of his house arrest, prison officials said.

“He went out Saturday night,” a prisons spokesperson told AFP.

Appeals Court judge Simone Schreiber ruled earlier Saturday that the detention of the magnate once considered Brazil’s richest man “violated the Constitution … and the principle of presumption of innocence”.

Batista, 62, had been under house arrest pending an appeal of a 30-year jail sentence.

Then on Thursday he was arrested in Rio de Janeiro on suspicion of insider trading and money laundering, the news portal G1 said.