CLDF invites Paulo Henrique Costa to explain BRB's purchase of Banco Master.
The president of BRB will be invited to detail the R$ 2 billion operation to district deputies; the acquisition has generated doubts in the Legislative Chamber.
247 - The president of the Legislative Chamber of the Federal District (CLDF), Wellington Luiz (MDB), announced that he will invite the president of the Bank of Brasília (BRB), Paulo Henrique Costa, to provide clarifications regarding the acquisition of part of Banco Master. This information was... published by the portal Metropolis, who had exclusive access to the parliamentarian's statement.
The operation, announced on March 28, involves the purchase of 49% of the common shares, 100% of the preferred shares, and 58% of the total capital of Banco Master, in a deal estimated at R$ 2 billion. The transaction was approved by the Board of Directors of BRB and prompted debates at the meeting of the College of Leaders of the CLDF on Monday, March 31. “President Paulo Henrique sent me an opinion from the legal department stating that there is no need for the purchase to go through the Chamber, but my colleagues understood that it is important for him to come here next week,” Wellington Luiz told [the source]. Metropolis.
The aforementioned opinion, prepared by the Attorney General's Office of the Federal District, indicates that legislative authorization is not required for acquisitions approved by the Board of Directors, provided they comply with the state-owned company's business plan. According to BRB, the purchase meets these criteria. Even so, the transaction has raised questions among parliamentarians, who consider the amount excessive and are calling for more transparency.
According to Wellington Luiz, Paulo Henrique Costa had already indicated his willingness to dialogue with the deputies. "Remember that he had already made himself available. I will submit the report to all the deputies so that they are aware of it, and I will now speak with Paulo Henrique to invite him to be here on Monday to talk with the deputies and clarify things," added the president of the CLDF.
The meeting is expected to take place next Monday, April 7th, when Paulo Henrique is expected to explain the strategic objectives of the acquisition and its relationship to BRB's expansion plan.
