The MP calls for the precautionary removal of Rioprevidência clients who invested in Banco Master

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The Public Ministry of Rio sent a letter to the Government of Rio de Janeiro recommending that the Ministry of Finance and Rioprevidência adopt measures to protect social security assets. Promoters of the Specialized Working Group for the Defense of Integrity and Suppression of Tax Evasion (GAESF) proposed the “precautionary removal of clients directly involved” in the investments of Banco Master, which was liquidated last week by the Central Bank. According to the Rio Court of Auditors, the Civil Servants Pension Fund invested R$2.6 billion directly and indirectly in the main group. Of this amount, R$970 million was contributed directly to Daniel Forcaro’s bank, which was arrested a week ago. GAESF also advised the government to open an internal administrative process to determine any responsibilities of employees who participated in the investments. The Prosecutor’s Office also recommends the immediate authorization of credit with the liquidator of Banco Master, the restructuring of the Investment Committee with more stringent risk criteria and the adoption of legal measures to recover values. The recommendation highlights that the failure to manage these investments led to the loss of the Social Security Regularity Certificate (CRP), prompting the State of Rio de Janeiro to register with the CAUC (Auxiliary Information Service for Voluntary Transfers) and to prevent voluntary transfers from the Federation and the contracting of credit operations with federal banks. According to the released document, the impact goes beyond the scope of Social Security and affects the financial balance of the state, which is why the Ministry calls on the Public Ministry to regulate the CRP to restore the possibility of federal transfers and contain the losses resulting from irregularities.