J&F paid R$25 million to the company that bought the Toffoli resort – 03/20/2026 – Politics

The group, controlled by brothers Joesley and Wesley Batista, paid R$25.9 million to the family. The information was published by the newspaper.

A report from Coaf (Financial Activities Control Council) points out that J&F made a single transfer to the company PHB Holding in the period from February 5th to October 6th, 2025, according to the newspaper. The document does not indicate the exact date of payment. During this period, on February 21, PHB purchased the Toffoli family’s shares in the resort.

PHB belongs to Paulo Humberto Barbosa, who advocated for the company and for the Wesley brothers and in tax cases at the TJ-GO (Goiás Court of Justice) and the state Finance Department.

Barbosa also shares a company, Petra Participações, with Gabriel Paes Fortes, son-in-law of José Batista Jr., Joesley and Wesley’s older brother, and with Renato Costa, an executive at Friboi.

Documents from the Paraná Board of Trade show that, on February 21, 2025, PHB purchased the shares in the resort that belonged to .

The purchase of the stake was made in two companies involved in the management of the project: Tayayá and DGEP. According to the record, PHB would have paid R$3.6 million to Maridt.

Toffoli has already publicly stated that he is one of Maridt’s partners and that the sale of the shares was made “within market value”. When contacted this Friday (20), the minister’s office stated that “the company had a relationship exclusively with PHB Holding”.

Paulo Humberto Barbosa told O Estado de S. Paulo that he received payment from J&F for legal services and denies that the money was related to the purchase of Tayayá, which he said was closed in December 2024. The businessman did not respond to contacts made by Sheet in the early afternoon of this Friday by phone and Whatsapp.

J&F declared that the payment to Barbosa’s holding company was for legal fees and that the group is not a partner in the resort.

For four years, Toffoli’s company shared its partnership in the Tayayá resort with an investment fund linked to , as revealed by the Sheet in January this year. This involvement increased the pressure on the minister and culminated, in February, in his departure from the rapporteur of the investigations into the financial institution in .

Maridt, which belongs to Toffoli, sold part of its shares in Tayayá in 2021 to the Arleen fund, which belonged to a financial network of the bank — now in negotiations for a plea bargain. In 2025, the minister’s family company sold the remainder of its stake to PHB Holding.

Investigators participating in the investigation into the Master case claim to have detected transfers of R$35 million from Vorcaro’s group to the benefit of Toffoli. The minister states that “his financial transactions are all declared to the Brazilian Federal Revenue Service”.

During investigations, the PF produced a report that points out Toffoli’s connections with Master and handed the document to the president of the STF, Edson Fachin. At the time, court ministers met to analyze the material and expressed support for Toffoli. He stepped away from reporting on the case, but did not recognize any conflicts of interest.

The Coaf report reported by the newspaper O Estado de S. Paulo points to a transaction considered atypical of R$ 25,965,197 from J&F Participações to PHB Holding. The document does not say to whom PHB passed on the amounts received. There is no reference to Toffoli or Maridt.

Toffoli has already been criticized for having suspended, in December 2023, a fine of R$10.3 billion from J&F due to a leniency agreement signed by the company with the Federal Public Ministry.

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