Breaking into Caretaker’s Account Didn’t Break Any Law, Says Brazilian Bank

The Federal Savings Bank (Caixa Econômica Federal – CEF) issued an official note communicating that the internal commission, which investigated the violation of the banking secrecy of the caretaker Francenildo dos Santos Costa, concluded that employees directly involved in the situation did not break the law, or the institution’s internal rules.

Costa had his account examined and information about a large amount deposited in his name was leaked to the weekly magazine í‰poca after the caretaker testified that he had seen former Finance Minister, Antonio Palocci, visiting a house known as a hub for prostitution and distribution of illegal money.

The leak intended to discredit the man. Officials in the Lula administration seemed interested in painting the caretaker as someone receiving money from the opposition to denigrate Palocci. The deposit – it was later revealed – had been made by Costa’s father.

According to the note, internal investigations followed the rules rigorously, assured employees’ right to full defense, and gave autonomy to the commission.

CEF’s ex President, Jorge Mattoso, was not evaluated by the commission, because, the note says, he was not an employee of the institution and his participation is being investigated by the Federal Police.

CEF informed that it will wait for the conclusions of the Federal Police investigations, and for the report analysis of the Federal Comptroller-General’s Office (CGU).

After the illegal leak to the news of the caretaker’s bank records, an investigation was initiated to find out who was responsible for the crime of violation of bank secrecy.

The Federal Police has already indicted Jorge Mattoso and the ex Minister of Finance, Antonio Palocci, for being involved in the case.

Agência Brasil

Tags:

You May Also Like

Brazil Plans to Harvest 121 Million Tons of Grain

The first study of sowing intentions for the Brazilian 2006/2007 crop, disclosed in Brazilian ...

Brazil and Neighbors Request US$ 100 Million Loan for Foot and Mouth Disease

Southern Cone countries have requested US$ 100 million from the Interamerican Development Bank, IDB, ...

Poll Shows Brazil’s Lula Zipping 14 Points Ahead of Alckmin

Two new polls released yesterday, October 12, in Brazil by Ibope and Vox Populi ...

Poor Transport Is Killing Brazil’s Industry

Brazilian foreign trade figures could not be better. Brazilian participation in global export has ...

Floating Exchange Rate Is Here to Stay, Says Brazilian President

Nelson Barbosa, the executive secretary of Brazil’s Ministry of Finances, speaking at a seminar ...

US$ 32 Billion Surplus Makes Brazil Comfortable

The export growth has made Brazil stronger with regard to foreign crises. The US$ ...

Water Rights

Vast areas of Brazilian land have been and are still being expropriated so that ...

Gathered in Brazil, World Is Still Far from Accord on Genetic Resources

The first step has been taken, in Brazil, towards a future international system to ...

Beef Exports Have Already Brought Brazil Over US$ 2 Billion This Year

From January to May Brazil has exported US$ 2.06 billion in beef, representing growth ...

Brazil Post Office’s Month-Long Strike Ends After Court’s Intervention

After 28 days of strike, it will take between seven and ten days for ...

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