The president of the Federal Court of Auditors (TCU), Vital do Rêgo, said that the meeting he had this Monday, 12th, with the president of the Central Bank, Gabriel Galípolo, eliminates the risk of precautionary measures against the monetary authority within the scope of the process that investigates the liquidation of Banco Master. “I understand that it eliminates the risk of a precautionary measure, because it was a meeting in which we converged towards the same goal, the purpose of monitoring and respecting our prerogatives”, he commented, when asked about the topic during a press conference at the body’s headquarters, in Brasília.
The meeting between Vital and Galípolo, which took place from 2 pm until around 2:40 pm this Monday, also included the participation of TCU minister Jhonatan de Jesus, rapporteur of the Master process. In dispatches in the case, Jesus had been mentioning the possibility of adopting precautionary measures against the BC.
According to the president of the TCU, Jesus did not explain during the meeting what he meant when he spoke about investigating a possible “precipitation” by the BC in the liquidation. The minister’s speeches were in line with explaining his work in the case.
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In any case, according to Vital, the meeting showed that there are no rifts between the monetary authority and the court of accounts.
He reported that, at the meeting, BC representatives did not mention any pressure with the case.
Vital highlighted that the investigation into Master is an “absolutely normal” process and that the TCU’s competence to monitor the case is supported by articles 70 and 71 of the Constitution, because it is an “administrative and regulatory” act.
This investigation should help the BC by reinforcing legal certainty, he said, reinforcing that the jurisdiction of the court of accounts does not involve reversing the settlement.
Regarding the inspection accessing documents that supported the Master’s settlement, Vital said that the BC “opened the doors” and that a calendar must be defined between the technical areas.
The inspection should last less than a month, according to the president of the court of accounts, who also reported the intention to work with the monetary authority on issues involving the reimbursement of Master investors by the Credit Guarantee Fund (FGC).
