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:

Ads

You May Also Like

Brazil’s Finance Minister Seems Convincing While Defending Himself from Kickback Charges

Brazilian Minister of Finance, Antonio Palocci, held a press conference over the weekend to ...

Number of Brazilian Indians Attending Schools Grows to 164,000

Indigenous school education in Brazil expanded 40% in the last three years. There were ...

Brazil Reduces Infant Mortality to 24 Deaths per 1000

Brazil has achieved the 2007 year-end infant mortality target of 25 deaths per 1000 ...

Brazil Embraer’s Net Income Goes Up, While Net Sales Go Down

Embraer, Brazilian aircraft manufacturer, had a net income of US$ 83 million in the ...

Low Interests Rates in Brazil Only After Inflation Is Under Control

Having inflation under control is an essential prerequisite for financial investors to accept a ...

Brazil’s New Varig First Day: All Flights Cancelled, Good News from New York

Varig, Latin America’s oldest airline, averted liquidation as its former cargo unit agreed to ...

A Brazilian in Berkeley Creates Painless Hypodermic Needle

It wasn’t Brazilian Márcio Von Muhlen’s choice to come to the United States initially, but ...

And Now, Salvador?

The pace of reform is slow, and ‘grass roots’ initiatives have failed to organize ...

Is Brazil Selling Out Haiti for Its Own Gain?

Less than a week after the de facto February 29 coup d’état that overthrew ...

Despite Assurances to FIFA Brazil’s Infrastructure for World Cup Still Far from Ideal

In a gesture to calm things down Dilma Rousseff, the president of Brazil, assured ...