Inquiry on Brazil PT’s Money Man Calls Him a Fraudster or Prevaricator

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The Joint Parliamentary Investigative Commission (CPMI) that is looking into corruption in the Post Office concluded its analysis of the financial records of the DNA and SMP&B ad agencies for 2004 and 2005. The documents were confiscated in the firms’ headquarters in Minas Gerais.

The CPMI’s assistant reporter on financial activities, deputy Gustavo Fruet (PSDB, Paraná state), said that the documents prove that the advertising executive, Marcos Valério de Souza, who is a partner in these agencies, did not lend money to the Workers’ Party (PT).

According to Fruet, the firms’ financial records register an outlay of money for the PT. But the funds are not listed as loans receivable. This accounting is different from the one Valério presented to the CMPI, in which the payments to the party were reported as loans.

"The loan to the PT had to appear in the records signed by the accountant just the way they appear in the records that Valério submitted to the CPMI," Fruet argues. "The asset side of the ledger had to include the loan to the PT, because it is a receivable credit," he maintains.

Fruet emphasized that the CPMI has also confirmed that there is no connection between the money that Valério received from banks and the funds he transferred to the PT, "because the money passed through various accounts." Valério’s defense rests on his contention that he received bank loans, which he transferred to the party.

The discrepancy between the financial reports and the documents submitted to the CPMI "demonstrates either fraud or prevarication," according to Fruet. The deputy suspects that Valério will assert that he corrected the documents. If the documents were altered, Valério is guilty of fraud. If they were not, he lied to the CPMI.

Agência Brasil

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