The Brazilian Federal Police launched Operation Sépsis, an offshoot of Operation Car Wash (Operação Lava Jato), which involved a company owned by J&F Investimentos, the holding company that controls JBS. Police carried out search and seizure warrants at the headquarters of Eldorado, the group’s pulp company, and also searched the São Paulo mansion of Joesley Batista, one of the owners of the holding company. It was reported that Eldorado was suspected of having received favorable treatment in loan approvals from the FI-FGTS, a fund managed by Caixa Econômica Federal, Brazil’s state-owned bank.