DF Chamber approves project and reduces scope of properties to save BRB by R$ 2.9 billion
The Legislative Chamber of the Federal District approved a district government project reducing by R$2.9 billion the scope of properties offered to cover the breach of Banco Master at Banco de Brasília (BRB).
In March, deputies had approved another project, by former governor Ibaneis Rocha (MDB), authorizing the contribution to the BRB of nine properties worth R$6.6 billion to be sold, transferred to the bank, used as collateral in a loan or structured in a real estate fund.
Special commission on PECs on a 6×1 scale is installed in the Chamber
By agreement, deputy Leo Prates (Republicanos-BA) was appointed as rapporteur of the collegiate, and as president, Alencar Santana (PT-SP)
The properties, however, provoked political and technical questions. The project ended up in court and is still being questioned. Governor Celina Leão (PP), who took office at the end of March with Ibaneis’s resignation to run for the Senate, sent a new proposal removing two properties from the list.
The approved project removes from the scope of aid to BRB a property estimated at R$ 2.3 billion, “Gleba A”, with 716 hectares, which makes up an environmental area known as Serrinha do Paranoá, and a plot of land in the SIA (Industry and Supply Sector), measuring 192 thousand square meters, estimated at R$ 632 million.
The remaining properties were estimated at R$3.654 billion. The district government did not, however, present an updated assessment of the land.
The Federal District government is trying to borrow R$6.6 billion from the Credit Guarantee Fund (FGC) to inject money into BRB and cover Master’s losses. The loan became the administration’s main plan to raise funds and prevent BRB from being liquidated.
With the properties questioned in court, the governor asked the government of President Luiz Inácio Lula da Silva (PT) for help so that the Union could provide guarantees from the National Treasury for the loan. The Federal District is in no financial position to receive approval from the federal government and has asked the Lula government for an exceptional analysis.
This Thursday, the 30th, the president of the Central Bank, Gabriel Galípolo, will receive the governor Celina Leão and the Secretary of Economy of the Federal District, Valdivino de Oliveira, and the president of the BRB, Nelson Antônio de Souza, to discuss the situation of the financial institution.
