Brazil’s PT Pays Cash to Vice President’s Firm, But Has no Record of It

Brazzil Magazine covers

Brazil’s ruling party, the Workers’ Party (PT) issued an official note yesterday, December 5, in reply to charges that it had deposited US$ 460,000 (1 million reais) in a bank account belonging to the Coteminas textile company, which is owned by José Alencar, who is Brazil’s Vice President and also the country’s Minister of Defense.

The note, signed by the PT’s national president, Ricardo Berzoini, and its national financial secretary, Paulo Ferreira, acknowledges a US$ 5 million (11 million reais) debt to the company for 2.75 million T-shirts purchased for the 2004 municipal election campaign.

However, according to the note, "there is no record of a 1 million reais payment to Coteminas in May of this year or of any other payment referring to the liquidation of said debt."

A story published in the newspaper Folha de S. Paulo, states that a 1 million reais cash deposit made on May 17 of this year was identified in a Financial Activities Control Council document.

José Alencar, who is on leave from Coteminas since 2002, defended the company he founded from any wrongdoing. According to him, it’s the PT that has give any explanation in the case.

"Coteminas is celebrating 30 years and it doesn’t have not even a pin that has not been accounted for in the books. The company has no slush fund, it doesn’t sell without receipt and it doesn’t buy without receipt. Maybe this is the problem with the company. If it had double accountancy it would not be subject to what is happening."

Alencar said that Coteminas received the money, deposited it and gave a receipt to the PT. The Vice President added that he is ready for any investigation, that, according to him should "be tough as every investigation should be."

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Group Asks US Congress to Punish Brazil and Thai Drug Piracy

An American group called USA For Innovation released an open letter to Members of ...

Brazzil Magazine covers

Brazil Wants World Social Forum to Deal With Environment and Poverty

At the 6th World Social Forum’s Latin American session, to start next week in ...

Brazzil Magazine covers

End of Temporary Jobs Ups Unemployment in Brazil

Unemployment in the six major metropolitan regions of Brazil rose to 9.2% in January, ...

Brazzil Magazine covers

Brazil Says Its Sí£o Francisco River Project Will Benefit 12 Million

Brazil’s Ministry of National Integration reports that its regional river basin development corporation (Companhia ...

Brazzil Magazine covers

Discrimination from Parties Keeps Brazilian Women from Elective Posts

Nearly 20 years after it became mandatory for political parties in Brazil to save ...

Brazzil Magazine covers

August 1993

CONTENTS: Cover: We Can do It! Giant Brazil is no lost case (p. 7) ...