According to the bank, the court decision does not cover the bank’s finances, only individuals and other companies being investigated.
O denied being the target of asset blocking in Operation Compliance Zero, triggered by. The institution reported in a note released on Tuesday night (18) that the Federal Court clarified that the decision that determined the blocking of R$12.2 billion does not cover the bank’s finances, only individuals and other companies being investigated.
According to the BRB, the 10th Federal Court of Brasília rectified a previous decision and excluded the financial institution from the asset constriction measures related to the operation. The new decision, according to the bank, makes it clear that the blockade does not apply to BRB.
“I rectify the decision (…) to exclude the Regional Bank of (…) of the asset constriction measures referring to the blocking of the total amount of R$ 12.2 billion from its accounts, since the possible responsibility of its directors (individuals) cannot be confused with that of the legal entity, which appears as a financial institution”, highlighted the BRB, attributing the authorship to the 10th Federal Court of Brasília.
BRB reinforced that none of the institution’s assets or values were blocked. According to the bank, the measures determined by the Court only affect the individuals being investigated and other institutions mentioned in the records.
The institution also stated that it maintains its commitment to transparency, legality and compliance with the rules of the national financial system. The Court decreed the temporary removal of the president of the BRB, Paulo Henrique Costa, and the director of Finance and Controllership of the BRB, Dario Oswaldo Garcia Júnior.
The government of appointed Caixa’s current superintendent, Celso Eloi de Souza Cavalhero, to preside over the BRB bank. A career civil servant at the state institution, Cavalhero will replace Paulo Henrique Costa, removed from his position by court order. First, however, it will have to be approved by the Legislative Chamber of the Federal District.
*With information from Agência Brasil
