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President Jair Bolsonaro (PSL) decided to join Petrobras' board of directors, transforming some of the current directors into senior executives in line with the government's privatist vision. The new names have already been selected and will be announced in the coming days, reports the Estado de São Paulo newspaper.
The changes to the board of directors indicate a direct intervention of the executive to ensure the application of the new privatization guidelines of the company. According to Petrobras President Roberto Castello Branco, "the intention is to change the profile of the board so that we have more representatives with a strategic vision than the one Petrobras needs."
The names to be presented by the Union will replace the directors with a mandate Effective until 2020.
The new indications of advisers begin the process of oil rigging by the right-wing government, which poses a threat to oil and gas reserves now controlled by the Union.
This Week, Bolsonaro
* Information of the State of São Paulo
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