— What?!: Campos Neto grants an interview to BlackRock and say | Bellum Acta - Intel, Urgent News and Archives
— What?!: Campos Neto grants an interview to BlackRock and says he is studying outsourcing the management of Brazil's assets; the President of the Central Bank signaled to that he may transfer the administration of Brazilian assets to private managers - Brazil holds around US$ 380 billion in reserves
This strategy would have the objective of learning about the management of these new investments in order to later take control of managing these assets. As a result, the Public Prosecutor's Office at the Federal Court of Accounts sent a request for the Court to initiate an investigation against Campos Neto.
This action regarding the assets puts the country's ability to honor financial commitments at risk, and "a precautionary measure should be taken to protect the assets of the monetary authority from its own president."
The agency urged the TCU to request explanations from Campos Netoabout the statements made "with the urgency required by the case," to ensure transparency in Brazil's monetary policy.
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