TRF-1 cancels injunction, Campos Neto to be investigated abroad

The Federal Regional Court of the First District (TRF-1) unanimously annulled an injunction obtained by the President of the Central Bank (BC), Roberto Campos Neto, which prevented the Presidency’s Public Ethics Commission from investigating whether the President of the Central Bank (BC) had been kept in good health. Navy During part of his term of office.

information about the company Navy de Campos Neto was announced through a series of reports. Pandora Papersin 2021, which was based on an investigation by the International Consortium of Investigative Journalists (ICIJ), which includes Brazilian media outlets Poder360, Metropoles, Piauí and Agência Pública.

The investigation against Campos Neto was archived in December 2021. By the Public Prosecutor’s Office (PGR), which considered that there was no crime on the part of the BC President because he had declared to the Brazilian authorities the existence of Navy And the foreign bank account associated with it.

Offshore are companies or bank accounts opened abroad, outside the owner’s country of residence, and are generally subject to more advantageous tax regimes.

In 2023, while Campos Neto became the target of attacks by President Lula and the Workers’ Party because of BC’s economic policy, the process began again.

Campos Neto then obtained an injunction to prevent the presidency’s Public Ethics Commission from ruling on the case.

According to Campos Neto, the initiation of disciplinary proceedings against him by a body linked to the executive branch “blatantly violates the administrative, managerial and regulatory independence granted to the BC Authority.”

The Attorney General’s Office (AGU) filed a motion to quash the injunction, claiming that the committee had jurisdiction to analyze alleged conflicts of interest and potential ethical misconduct by the BC premier.

Commenting on the TRF-1 decision, on Thursday (8), the president of the Workers’ Party, Gliese Hoffman, questioned Campos Neto’s motives for requesting an injunction against the investigation.

“An independent central bank, in addition to ensuring the political independence of its leadership, also ensures the freedom of its actions? If you don’t owe anything, why did you go to court to get rid of the ethics committee? My girlfriend wrote on X.