The government should apologize if it does not find the "black box", says the former president of the BNDES – 01/11/2019



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The former president of the BNDES (National Bank of Economic and Social Development), Paulo Rabello de Castro, said that it was necessary "to go to the end" in the "l"; prosecution investigation that there would be a "black box" in the institution and that, if this is not proven, a request for "apologies" is required. This week, President Jair Bolsonaro (PSL) said in a social network that he "will open the black box of the BNDES" argument used on the day of the inauguration of the new director of the institution financial, Joaquim Levy.

Paulo Rabello, who worked in the direction of Michel Temer (MDB), said that it was incumbent on the new government to explain what would be the alleged lack of transparency. "We all want to know where the rot is," he told UOL .

We will not accept anything other than an apology in the absence of a black box. Why Because it's a very serious case. It deals with the jurisdiction of the people who were administering, even though nothing was going on about my period.

Paulo Rabello de Castro, former president of the BNDES "Let's leave this business of the black box Now, people have to go to the end of this subject, you understand ? ", He said. "The country demands it." According to Rabello, his management "searched" the bank and found no crime. He said that with the transparency portal of the BNDES, the "supposed doubt" about the "controversial contracts" was dissolving.

The prosecution investigators and even BNDES critics point out that since 2015, still under the direction of Luciano Coutinho and Dilma Rousseff (PT), the bank has started to disclose all its loans. granted with the value of the transactions, the interest rates, the guarantees and the integrity of the signed contracts.

Bolsonaro was searched by UOL through advisers and social networks, without explaining the information that would still be available. hidden. The Plbadto Palace solicitor requested that the report solicit BNDES, explaining that only the individualized failure per business or loan is not revealed today on the portal because of bank secrecy.

Tuesday, Rio de Janeiro In January, Joaquim Levy himself used soft words when he was questioned about an alleged black box. According to him, transparency "is an ingrained thing" in the bank. "He also stated that a box" is only black until you decipher what you have in it. "Levy said that" the data is already available, "but that 39; it is necessary

The report asked the advisor of the BNDES to include other information but did not ask for explanations

For the vice-president of the BNDES Employees Association Arthur Koblitz is a "campaign speech" detached from reality, the goal, he says, seems to be an attempt to justify the future sale of the bank.

Sigilo ended four years ago, according to documents

Between 2012 and 2015, investigators from the public prosecutor's office, the TCU and even the press interviewed BNDES, on the grounds that it did not disclose amounts, interest rates and guarantees international loans to contractors such as Odebrecht in countries such as Cuba and Venezuela. [196] 59002] In 2014, for example, it turned out to be a hitherto secret document indicating that part of the financing of the Cuban port of Mariel had been lent "without funds", without payment. But in 2015, Luciano Coutinho's management suffered a defeat in the Federal Supreme Court (STF), which determined the supply of all the information requested by the TCU.

Here are some examples:

– BNDES contract with the Government of Cuba and Odebrecht. Here
– Investments of the BNDES in the refrigerator JBS. (Scroll down the screen.) Under the chart, select "JBS" under "Company Name". Here

The measures have subsidized a number of investigations, such as Bullish Operations and Greenfield. Luciano Coutinho, also a former bank president, was indicted by the federal police for favoring investments in the JBS refrigerator and reacted to the improbity action because of the "tax pedal" . He did not want to talk to UOL and denied the allegations.

Investigators and critics do not see any hidden information

A fierce critic of BNDES policy, TCU prosecutor Julio Marcelo was one of those who fought against the lack of transparency of the bank. "Today, I would not call a black box," said the prosecutor at UOL . However, he advocated improvements in transparency and ease of access to documents, as Levy said on Tuesday 8.

He stated that the management of Maria Sílvia, successor of Luciano Coutinho to the presidency of the bank, increased the transparency of the institution. Last year, this was reinforced by cooperation with TCU for improvement. It included, for example, the amounts disbursed by the bank of the total committed up to now and the source of the money used in the loans, as resources of the National Treasury.

In private, federal prosecutors investigating bank irregularities see no significance in the badertion of the black box. When the STF ordered access to information in April 2015, almost four years ago, there would be "nothing new," commented one speaker. ;between them.

Critic of BNDES funding policy, economist Maílson da Nobrega said that the problem of the bank would not be corruption and lack of transparency. "The Bolsonaro crusade around the black box of the BNDES certainly interests a large part of its voters, but it tends to annoy them," he wrote this week in an article of Veja . "The black box, if any, will be empty."

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