Vital do Rêgo proposes to the TCU to conduct a review of the Eletrobras privatization process

Minister of the Federal Court of Accounts (TCU) Vital do Rigo – He sent, at noon on Wednesday (11), a letter to the President of the Court and other ministers with a proposal to audit the technical field of the Court so that it can carry out oversight measures to assess accountability. Supply procedures related to judicial disputes over the compulsory energy loan in Electrobrass.

If the audit request is accepted, the ruling on the Eletrobrás privatization process leaves the TCU agenda.

In the document, which Conference focus from within He had access, Vital do Rêgo says a large amount of emergency provision has been registered. In the third quarter of 2021, it would have been possible to save R$9 billion, which would account for more than half of the current balance until then, increasing its individual allocation from R$17 billion to R$26 billion, which decreased, from an accounting point of view profit company at that time.

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The concern is that after Eletrobrás is privatized, the appropriation estimate may be revised in favor of the company, which could result in more dividends to be distributed and the federal government no longer receiving the income.

Opposition discussed wrongdoing at TCU

On Tuesday (10) a group of opposition party deputies met with the minister who was scheduled to privatize the party. ElectrobrassAdolfo Cedraz, and on Wednesday (11) afternoon with Minister Vital do Rêgo at the Federal Court of Audit (TCU).

According to the deputies, there infractions Both in stock and asset valuation Electrobrass and subsidiaries, as well as modeling inconsistencies, particularly in the separation of Itaipu Binacional and Eletronuclear origins.

MPs Alencar Braga (Socialist Workers Party), Arlindo Chinaglia (PT-SP), Pera do Bandari (PSB-MA), Bohn Gas (PT-RS), Henrique Fontana (PT-RS), Afonso Florence (PT-BA) and Paulo Ramos (PDT-RJ) Discuss the irregularities and inconsistencies they identified in the privatization process of Eletrobras being handled by TCU.

We understand that there are irregularities and there is no point in proceeding with this process. The government did not update the value of Eletrobras at the time of pricing and ignored some central things, such as energy in relation to energy production. According to estimates, the value can be twice as much as stipulated. This is serious. Minister Cedraz said it is not clear in the law whether pricing should take place before or after privatization,” the chamber’s minority leader, MP Alencar Braga, told Congress in focus.