TCU MP asks Febraban for clarification on BB and Caixa’s departure

TCU Headquarters in Brasilia | Photo: Disclosure

The Deputy Attorney General of the Federal Court of Accounts (TCU), Lucas Furtado, called on the president of the Brazilian Federation of Banks (Febraban), Isaac Sidney, to provide clarification on the threat of withdrawal of the entity made by Banco do Brasil and Caixa Federal Economic. In the letter, Furtado mentions the “politicization of the banks”. The information was published by Estadão.

BB and Caixa announced on Monday (30) their intention to leave Febraban if the entity adheres to the manifesto to demand harmony from the Three Powers so that the country can grow again. Publication of the text has been postponed. “If the news were confirmed, there would be a risk to the Brazilian financial system resulting from the possible politicization of banks, both private and public,” Furtado said.

The manifesto was articulated by the Federation of Industries of São Paulo (Fiesp) and had the participation of other entities in the economic field. The document would not quote President Jair Bolsonaro, but public banks would consider the text to present a “political tone contrary to the government”.

Economy Minister Paulo Guedes even said he had received reports that the manifesto would raise the tone and attack the federal government. Later, Febraban denied participating in the drafting of the text with attacks on the government.

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