The São Paulo Court of Justice (TJ-SP) rejected an action by the PSOL, PT and PCdoB parties against the São Paulo capital’s adherence to the privatization of Sabesp, the state’s former sanitation company.
The decision took place on Tuesday (6).
According to the judge and rapporteur of the action, Ricardo Dip, the São Paulo City Council had nine public hearings, with no evidence of the “lack of popular participation in the process” alleged by the captions.
“The documents attached to the file confirm that bill 163/2024, which gave rise to São Paulo Law 18,107/2024, was submitted to nine public hearings, with the participation of society and authorities”, wrote the judge.
In addition to the lack of participation, another point argued by the parties was the lack of studies on the budgetary and financial impact that the sale of the public company would bring.
Regarding the financial aspect, Dip decided that the bill did not create an increase in expenses or provide for a loss of revenue for the municipality.
The privatization of the state-owned company by the Legislative Assembly of São Paulo (Alesp). Tarcísio de Freitas, governor of the state, is the author of the project.
The municipal directorates of the parties filed a Direct Action of Unconstitutionality – an action to declare a law or normative act unconstitutional – against the mayor of the capital of São Paulo, Ricardo Nunes (MDB) and the president of the City Council, Milton Leite (União).
The request against privatization was sent to Leite by the parties in
In a note released to the press this Friday (8), Milton Leite said that “the Legislature respected all legal requirements for the approval of the project and, as a result, the law now has the support of Justice”.
A CNN tries to contact the parties’ defense and awaits feedback.
Privatization of Sabesp
The process of selling shares held by the government to the private sector.
In total, 220,470,000 shares, including 28.8 million additional shares, were sold.
The negotiation initially raised revenue with the target price of the shares at R$67 each.
