Bolsonaro accused of having rejected an invitation to Petrobras' board of directors – 15/01/2019 – Market



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Indicated on Monday by the government (14) to occupy one of the seats of Petrobras' board of directors, the geologist John Forman posted on a social network that decided not to accept the company. ;invitation. He resigned after the publication of the conviction reports in the CVM for insider trading in the stock market negotiations in 2013.

Forman announced his decision in a comment on LinkedIN responding to the respect of his indications at the beginning of the month . this Tuesday night (15). Wanted by Folha he refused to give an interview. On the EPBR website, he confirmed the information and criticized the press, accusing him of having used his conviction by the CVM to attack the Bolsonaro government.

Neither the state nor the Ministry of Mines and Energy (MME) have confirmed receiving the refusal. Form. He would fill one of the three vacancies with the resignation of councilors appointed in 2018 by the Michel Temer government. The other two will be occupied by the economist João Cox and by Admiral Eduardo Bacellar Leal Ferreira, appointed by Bolsonaro to the presidency of the council.

Forman challenges the court's decision. She claims that the sentence was pronounced without sufficient evidence. The council of the local authority concluded that the geologist had privileged information when he had sold the shares of PetroRio (then called HRT) shortly before the disclosure of adverse information to l & # 39; company.

He had been an advisor to the company between 2008 and 2012. He had been sentenced to compensation. a fine of 338,500 rand, without however refraining from sitting on the board of directors of companies whose shares are listed on the stock exchange. In the same case, the CVM sentenced another former director of the company, Antônio Carlos de Agostini.

Both men appealed the national financial system appeal system, but they were dismissed. Today, they are discussing the conviction in court.

The appointment of Forman, Cox and Leal Ferreira is part of a government effort to renew the state's board of directors, indicating names more in keeping with the new direction. To this end, pressure has been put on advisors appointed by Temer to resign before the end of their mandate in 2020.

The college has eleven seats, eight of which are reserved for union representatives, two to minority shareholders and one to the workers' representatives. of the society.

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