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Lula talks about the ‘bitch’ in privatizing Eletrobrás and says he will fight a lot to get back control of the company

Lula talks about the ‘bitch’ in privatizing Eletrobrás and says he will fight a lot to get back control of the company

“We’re seeing how we’re going to do it. We’re not going to be quiet. We’re going to fight a lot for this,” the president stated during an event in Bahia.

247 – President Lula (Workers’ Party) participated in an event in Bahia this Thursday (11) and once again spoke about Eletrobrás. “Eletrobras has been privatized, it seems, for R$36 million state and we still owe a lot,” he said.

After that, the president spoke of a “whore” and recalled the government’s initiative to question before the court the power of the union’s vote, which contradicts the number of shares he owns in the company. “The government owns 43% of the shares of Eletrobrás, but in the council it is entitled to vote only one. Our 40 is equal to only one. Whoever has 3% has the same rights as the government. So we went to court so that the government has the amount to vote according to the amount of shares he owns.”

>>> The union’s attorney general explains how Eletrobrás was donated to its minority shareholders – and why this must change

“The second trick they have done is the following: If the government wanted to buy back the Eletrobrás and someone offered R$30 billion, do you know what they put in law? That the Brazilian government, to buy them, has to pay three times the offer made by the private sector, in other words On the other hand, it is a ploy to try to prevent the government from going back to taking responsibility for taking care of the energy people need so badly.”

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Follow up on recommendations

Lula said the government is considering how to regain control of the company. “We see how we’re going to do it, because they sold Eletrobrás saying it was poorly managed and that they were going to deliver ethically. Do you know what happened? Eletrobrás managers increased their salary from R$60,000 to R$360,000 – that’s because they were going to ‘moralise’ And a member of the council, none of it can be appointed by the government, because the council is appointed on a ticket. And since the government is not involved in management, it cannot participate. And they want us to keep quiet.

The representative also took the opportunity to ensure that there were no more privatizations. “We’re not going to sell anything from Petrobrás, we’re not going to sell mail, we’re going to try to get Petrobrás to have cheaper petrol and cheaper diesel, we can go back to building ships, we can go back to building probes, we can go back to building platforms, so we can take back the greatest assets that the Brazilian people have built” .