State deputy Paulo Fiorilo (PT-SP) asked the MP-SP (Public Ministry of São Paulo) and the TCE (State Court of Auditors) to provide information about holes in the Social Security funds of São Paulo municipalities that made investments in the .
As published by Sheetthe federal government concluded that states and municipalities will be responsible for securities sold to Master. Institutes that pay pensions to public servants in Financial Letters from the institution without guarantee from the FGC (Credit Guarantee Fund).
“In the state of São Paulo, municipal pension institutes in municipalities such as São Roque, Cajamar, Araras, Santo Antônio de Posse and Santa Rita d’Oeste made significant investments in bonds linked to Banco Master, which total approximately R$ 218 million in Letras Financeiras from the aforementioned financial institution, which highlights the size and repercussion of these operations within the scope of municipal public administration”, says Fiorilo in the representations sent to public bodies.
The PT member asked the bodies to inform whether there are processes related to the municipal Social Security Regimes (RPPS) linked to the Master; whether there is analysis of the performance of public agents in negotiations; whether there were financial consultancy companies or intermediaries that guided investments in the bank; whether potential damage to the treasury was calculated with the losses and whether guidelines were issued to the municipalities of São Paulo.
On Friday (23), the Federal Police served warrants from Rio de Janeiro state officials, Rioprevidência, to investigate suspected irregular financial operations related to Banco Master.
The municipality invested almost R$1 billion from public servants in Rio de Janeiro in Master financial letters.
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