Financial market members warned the president of the chamber, Hugo Mota (Republicans-PB), and Guilherme Dirret (PP-SP) against PL Antifaction, the São Paulo MP reported.
In recent days, senior market figures have sought to contact Mota and Dirit to warn them about the opposition’s proposal to include the designation of criminal factions as terrorist organizations in the text.
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Guilherme Dirit, Secretary of Public Security of the Government of São Paulo
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Chamber president Hugo Motta (Republicanos-PB) deleted the post after criticism
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Minister of Justice and Public Security Ricardo Lewandowski
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Secretary Gacy Huffman
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Market members believe that equality could scare foreign capital into Brazil, as it could prompt funds and companies to withdraw their investments from the country.
The President of the Chamber and Rapporteur of PL Antifaction have been warned that large funds and multinational companies have rules in their laws prohibiting investment in countries where there are terrorists.
The market warning also reached members of the government’s economic team, who oppose equality. The economic zone fears that the flight of foreign capital will harm Brazil’s rating.
What does Derrett’s opinion say?
After the warning, Dret presented an opinion without classifying the factions as terrorist organizations in the strict sense of the word, but stipulated that the penalties for crimes committed by the factions be equated with the penalties for terrorist acts.
But the rapporteur proposes to change the anti-terrorism law to provide for equal penalties, which has caused a lack of trust between members of the government and the financial market.
Overall, the Dayrit opinion classifies members of a criminal organization or paramilitary or private militia as terrorists, “regardless of their causes or motivations.”
“It should be noted, at the outset, that it is not a matter of classifying criminal organizations, paramilitaries or private militias as ‘terrorist organisations’ in the strict sense of the word, but of recognizing that certain practices committed by these structures produce social and political effects equivalent to acts of terrorism, and thus justify equal criminal treatment in terms of seriousness and legal consequences,” Derrett explains in his report.