Brazil's Federal Audit Court (TCU) may block the sale of Eletrobras, which was undervalued by the Bolsonaro government.
Court members say the state-owned company was undervalued by the Bolsonaro government and would be privatized on a 'Black Friday'.
247 - The technical area of the TCU (Federal Court of Accounts) that evaluates the values proposed by the government for the privatization of Eletrobras concluded that the company was undervalued. The Ministry of Economy says it is worth R$ 60 billion.
The findings could lead to the suspension of the sale of the state-owned company. The final decision will be made by the ministers of the TCU (Federal Court of Accounts), who will evaluate the data.
Court members already familiar with the figures say it's a veritable "Black Friday." They even claim the numbers found are "scandalous," reports the journalist. Monica Bergamo in Folha de S.Paulo.
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