Brazilian Government Denies Charges of Violating Banking Privacy

Brazil’s Minister of Institutional Relations, Jaques Wagner, assured Wednesday, March 22, that the Planalto Palace (the presidential executive office) was not the source of any request to violate the banking privacy of Francenildo Costa.

Costa is the caretaker who accused the Brazilian Finance Minister, Antônio Palocci, of participation in a scheme to divvy up unreported political campaign funds collected in Ribeirão Preto, in the interior of São Paulo state, where he was mayor.

"I can guarantee that no orientation emerged from the Planalto Palace to violate the legal order of the democratic State," the minister declared during a seminar sponsored by the Council of Economic and Social Development, in Brasí­lia.

Wagner stressed that the violation of banking privacy represents an act of "violence against people’s democratic rights" but that it will only be possible to identify who was responsible after the Federal Police investigation that is currently underway is concluded.

"Whoever was responsible for violating privacy, which is inadmissible in a democratic State, must be punished," he pointed out.

The minister also insisted that Palocci has the support of President Luiz Inácio Lula da Silva and will be kept on as minister of finance. "President Lula backs Palocci’s position. Unless the investigations reveal something that impedes it, Minister Palocci will remain in his post."

ABr

Tags:

You May Also Like

Crisis Won’t Prevent Brazil’s Petrobras to Invest More in 2009

José Sérgio Gabrielli, the president of state-controlled oil multinational Petrobras, said this Monday, December ...

Brazil’s PT Short Journey from Model Party to As Shady As the Other Guy

Revelations of widespread corruption in the upper reaches of the Workers Party government in ...

Greenpeace Accuses Spain of Using Illegal Wood from Brazilian Amazon

At 10.00 am this morning, 41 Greenpeace activists sealed the entrance to Madrid’s prestigious ...

Drought, Frost and Old Fields Cut Brazil’s Sugarcane Harvest by 6%

Brazil’s sugarcane grower association União da Indústria da Cana-de-Açúcar (Única) has lowered its estimate ...

Bulls Stampede in Brazilian Market: Stocks Jump 13.42%

After five days of steep decline the Brazilian market went into extremely high gear, ...

Blame Game Is On: TAM and Infraero Fault Each Other for Brazil’s Airport Chaos

Infraero, the state-run company that manages the Brazilian airports, and Brazil’s largest airline, TAM, ...

High Tech Plant in Brazil to Be Powered by Rice

The city of Alegrete, in the state of Rio Grande do Sul, south of ...

US Inflation Brings Brazilian Stocks Tumbling Down

Brazilian stocks plummeted, in line with the U.S. market, as investors reacted to disappointing ...

RAPIDINHAS

Congress has been discussing whether elected officials should hire their own relatives. A congressman ...

The Little Guys from Brazil Who Made Big in Furniture

Training of the businessmen and investments in production and in design. These are the ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`