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Opposition to Celina Leão (DF) asks the Court to make the law for contributions to BRB unconstitutional

Three parties opposing the governor of the Federal District, Celina Leão (PP), this week asked the Court to declare unconstitutional the district law that facilitates a loan of R$ 6.6 billion intended to capitalize the...

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Opposition to Celina Leão (DF) asks the Court to make the law for contributions to BRB unconstitutional
Noticias ao Minuto - Ultima Hora

Three parties opposing the governor of the Federal District, Celina Leão (PP), this week asked the Court to declare unconstitutional the district law that facilitates a loan of R$ 6.6 billion intended to capitalize the Banco de Brasília (BRB) and precautionarily suspend the effects of the legislation.

The direct action of unconstitutionality (ADI) was filed with the Court of Justice of the Federal District and Territories (TJDFT) by the regional directories of PT, PSB and PSOL last Wednesday, 8th. The district arms of Rede Sustentabilidade and PDT - which do not have representation in the Legislative Chamber of the DF - also expressed support for the action.

In the text, the parties argue that Law 7,914, sanctioned in June, is incompatible with the public interest and violates a series of laws by offering a series of guarantees and counter-guarantees involving public revenues without an estimate of the budgetary-financial impact and without adequate legislative authorization, compromising the DF's finances for a prolonged period.

"In short, it is about authorizing a blank check backed by public assets, with the potential to compromise the continuity of public health, education, security and social assistance policies", state the acronyms, also highlighting the suspicions involving Banco Master.

The law authorizes the DF government to take out a loan of R$6.6 billion with the Credit Guarantee Fund (FGC) to make a contribution to the BRB. A syndicate formed by the largest banks in the country would offer a guarantee to the fund, with resources from the FPE and FPM and the participation funds of the States and municipalities as a counter-guarantee.

The district government, on the other hand, must freeze salary adjustments, public tenders, the creation of mandatory expenses and the granting of new tax incentives until the loan is paid off or until it obtains an "A+" score for Payment Capacity (Capag), an indicator from the National Treasury. Today, the DF's grade is "C", far from the required level.

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