Unprecedented order orders on-site verification to investigate BC decisions between 2019 and 2025, including meetings, documents and alternatives to intervention
In an unprecedented order signed this Monday (5), the claimed that it is necessary to carry out an on-site inspection, investigating the decision-making itinerary of the Central Bank, which, in November, extrajudicially liquidated the. The document, obtained by Broadcast (Grupo Estado’s real-time news system), has not yet officially reached the municipality, which is part of the process.
The order, signed by minister Jhonatan de Jesus, contains in paragraph 18 the determination “with the utmost urgency” to carry out an inspection at the BC to examine the institution’s necessary collection, emphasizing that access to the case documentation must be complete.
The document explains that the investigation needs to take place on site, in a “safe environment and under the precautions of legal secrecy” to rebuild the supervision and resolution flow in the period from 2019 to 2025.
The TCU wants to verify “motivation, coherence and proportionality, examine the consideration of less burdensome alternatives and assess, with documentary traceability, the treatment given to relevant market negotiations”, including the period immediately prior to the decree of the regime.
Among other documents, the TCU wants, with on-site verification at the investigate whether there are formal records of a meeting that would have taken place on November 17th of last year between the then owner of Master, Daniel Vorcaro, and representatives of the regulator.
The Court also wishes to reconstruct the chronology and documentation of negotiations involving private solutions with the participation of the Credit Guarantee Fund (FGC) and initiatives related to potential acquirers and reorganizations and examine the “internal decision-making governance” of the monetary authority, which comprises instances, flows and records of deliberation.
*With Estadão Content
