The PT leader in the House, presented to the Federal Public Prosecution Service of the Federal District a representation for the body to support responsibilities of the former president of the Central Bank and the managers of the EM.
The deputy refers to that he mentions the rule issued in October 2023, in the management of Campos Neto, which allowed the master and other financial institutions to omit risks with precatory and credit rights in his balance.
“In this context, Banco Master was one of the greatest beneficiaries of this new standard,” writes the parliamentarian, who recalls that before the act was edited the institution was already the target of market questions and analysis due to the high volume of precatory in his portfolio, generating concerns about his financial solidity.
“After the regulation, however, the bank would have presented more favorable indicators, contributing to dismissing suspicions of investors and depositors, although there is suspicions that this improvement is largely from accounting arrangements that would hide the actual level of risk,” he says.
“Initial investigations and journalistic articles raise the possibility that the standard issued by the Central Bank, within weeks of precatory risk discussions, has been elaborated in a way that specifically favor institutions that had significant volume of precatory operations such as the Master Bank,” says the PT leader in the House.
In the representation, the deputy calls for minutes, technical studies and opinions on the Central Bank standard issued in October 2023, as well as access to Banco Master Banco Risk Management and Risk Management Reports before and after the normative act and procedures and investigations existing or ongoing to the Master Bank members.
For Lindbergh, the conduct to be determined, either by editing the standard allegedly intended to favor the interests of certain financial institutions, or by the subsequent use of this normative permission to hide risks, may compromise the credibility and transparency of the Brazilian banking system.
“The eventual acquisition of the recently reported BRB Bank by BRB reinforces the relevance and urgency of the facts, because if there are suspicions of illicit or accounting manipulation that may affect the solidity of the Master Bank, this purchase has the potential to transmit risks to the acquiring institution (BRB), which, in turn, is of majority public capital (DF),” he adds.
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