Lula has declared his willingness to challenge the sale of the state-owned company in court; AGU questioned the government’s voting power below the share ratio
Sao Paulo – The president of the House of Representatives, Arthur Lirasaid in an interview with CNN this Sunday (7), in New York, that he was concerned about the government’s intention to review the privatization of Eletrobras. According to him, the project that allowed the capitalization process of Eletrobras, in 2022, has been much debated in Congress, brings gains for the company and for the country and which calls into question the privatization processes already carried out, as the government towards Eletrobras, “concerns”.
The Attorney General’s Office (AGU) filed an unconstitutionality action in the Federal Supreme Court (STF) on Friday, questioning the voting power that the state has in Eletrobras. The action, however, does not claim the renationalization of the company, the objective of other actions that are currently being examined by the court. The government requests that this restriction be suspended until the STF has judged the case. The motivation for the request is that the limitation of votes “is an affront to the constitutional principles of reasonableness, proportionality, impersonality, morality and efficiency of the public administration”.
Yesterday the president Luiz Inacio Lula da Silva stated that it still intends to file a lawsuit contesting the privatization of Eletrobras. According to him, the lawsuits filed so far only question the fact that the government has less voting power than its stake in the company that was privatized last year.
Source: Terra
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