Congress needs to summon the former president of Banco do Brasil to explain what he did while leading the institution, says Mello Franco.
According to journalist Bernardo Mello Franco, when Rubem Novaes left the presidency of Banco do Brasil claiming he couldn't adapt to the "culture of privilege, cronyism, and corruption in Brasília," he made a "typical statement from someone who has stories to tell" and should be "summoned by Congress before making a hasty exit."
247 - The journalist Bernardo Mello Franco He argues that the former president of Banco do Brasil should be summoned by Congress to explain his actions at the financial institution. “Novaes is a friend of Paulo Guedes, with whom he studied in Chicago. Like the minister, he has an ultra-liberal mindset and a mouth bigger than his tongue. In the famous meeting of April 22nd, the two engaged in a duet of rudeness to defend the privatization of the bank,” recalls Mello Franco.
The journalist notes that at the ministerial meeting on April 22, “Novaes defined the controls of the Federal Court of Accounts as a ‘terror factory.’ ‘If we do anything, we risk going to jail,’ he said. He failed to detail the things he intended to do.”
"A staunch Bolsonaro supporter, Novaes allowed the bank to use account holders' money to finance websites accused of spreading..." fake newsIn June, the TCU (Federal Court of Accounts) ordered the funding to be shut off. He appealed the decision, alleging financial losses. Losses to the bank, not to the pro-government bloggers,” he assesses.
Mello Franco also notes that "three weeks ago, BB sold, without auction, a credit portfolio of R$ 2,9 billion for the paltry sum of R$ 371 million. The buyer was BTG, which had Guedes among its founders."
On Saturday, the economist told CNN Brazil that he did not adapt to the "culture of privilege, cronyism, and corruption in Brasília." This statement is typical of someone who has stories to tell. All the more reason for him to be summoned by Congress before he makes a hasty exit," he concludes.