AGU asks the Supreme Court to investigate “Insider Trading” before Trump rashes Brazil

The AGU (General Advocacy of the Union) asked the Federal Supreme Court (STF), on the night of last Saturday (19), an investigation in the financial market on exchange operations based on privileged information (insider trading), on the eve of the announcement of US President Donald Trump on the imposition of 50% import rate on Brazilian products.

According to the AGU, the STF -directed request asks “possible correlations between the elements in investigation in the investigation and misuse of privileged information in the Brazilian currency market involving the official announcement of new commercial tariffs imposed by the United States on Brazil on July 9”.

Last Friday (18), Portal G1 and TV Globo reported the realization of large purchases of dollars hours before Trump’s announcement of Brazil and that, hours later, there was a large volume of dollars, “which suggests possible use of privileged information (insider trading) by individuals or legal access to decisions or economic data”.

The request for the new investigation is contained in the inquiry already established, at the request of the Attorney General’s Office (PGR), to investigate the conduct of the licensed federal deputy, Eduardo Bolsonaro, accused of using international commercial instruments as a premeditated coercion mechanism against Brazilian justice.

“In the light of the reported facts, we can infer that they are part of the facts already in calculation in this investigation are beyond the criminal offenses already indicated in PET 14.129 by the Attorney General’s Office, related to the obstruction of justice, but also with possible illicit financial gains, through the same facts that sought to impose embarrassment on the application of the Criminal Law.”

Arrangements

The office of AGU Minister Jorge Messias asked the Federal Attorney General’s Office, an AGU organ that represents a commission of securities (CVM), adopt the measures that he must be appropriate as part of his attributions, including other national authorities.

“The AGU punctuates, that in addition to the criminal sphere, the illicit use of privileged information leads to civil and administrative liability, including damage to the market and investors,” he says in a statement.