COGNICURRENT

Brazil's public accounts recorded a primary surplus of R$ 103.7 billion in January, but federal state-owned enterprises saw a significant decline with a deficit of R$ 3.33 billion.

A report from the State Court of Accounts (TCE-AM) revealed significant irregularities in the financial management of the Sou Manaus Passo a Paço 2025 festival, including a 1,150% increase in expenses.

Former Kaduna State Governor Nasir El-Rufai has filed a lawsuit to prevent Nigerian anti-corruption and security agencies from freezing his bank accounts and seizing his assets.

The União Court of Accounts has summoned the São Paulo government to explain the signing of a public-private partnership contract for the Santos-Guarujá immersed tunnel without the involvement of the Port Authority of Santos.

The Court of Accounts of the State of Santa Catarina has announced a public competition for 20 vacancies, targeting various fields for the position of external control fiscal auditor.

State judicial institutions in Brazil allocated over R$ 62.5 billion for salaries in 2024, which accounts for 67% of their total budgets.

The Walf Resort, where two young men tragically died during a wedding celebration in Bonito, Brazil, is co-owned by a former president of the State Court of Accounts of Mato Grosso do Sul, Waldir Neves Barbosa, who has faced corruption allegations.

A major fraud involving IDFC Bank has been uncovered, with allegations of missing funds amounting to 590 crores and suspicious transactions tied to various accounts, including those belonging to the Haryana government.

The fiscal results for 2025 indicate a troubling trajectory for the public accounts of Brazilian states, with performance at its worst since 2014.

The Brazilian TCU is consolidating data on a task force monitoring nine state-owned enterprises identified as fiscal risks to public finances.

The Court of Accounts of the State of Pará (TCE-PA) has opened registrations for the first edition of the 'Talking with Internal Control' program to be held in Santarém on March 16 and 17, 2026.

The Riga District Court has ruled that €17.8 million in criminally acquired funds from ABLV bank accounts will be allocated to the state budget.

The Goiás Court of Justice has archived the investigation into the appointment of Sérgio Antônio Cardoso de Queiroz, brother-in-law of former governor Marconi Perillo, as a counselor for the State Court of Accounts.

The public contest for the City Council of Rio Verde, Brazil, has been suspended following a decision by the State Court of Accounts due to a request from the Public Ministry regarding the contractor's investigation.

Latvia's court has ruled that almost 2 million euros held in ABLV Bank accounts are derived from criminal activities and will be transferred to the state budget.

Residents in Avaré, Brazil, are facing garbage accumulation due to the suspension of a waste collection contract by the State Court of Accounts.

Paulo Saldanha, a former state deputy and advisor of the Court of Accounts of the State of Mato Grosso do Sul, passed away at the age of 84.

The city of Campinas has postponed the deadline for submitting bids for public transport by 15 days after receiving notifications about inconsistencies from the State Court of Accounts.

A system designed to expedite emergency purchases in state schools in Rio de Janeiro is under investigation by the Public Ministry and the State Court of Accounts due to allegations of lack of transparency and difficulties in controlling expenses.

The Court of Accounts of the State of Rio de Janeiro has unanimously approved the opening of an investigation into Cedae's investments in Banco Master following a complaint by state deputy Luiz Paulo.

The Court of Accounts of Minas Gerais suspended a resolution that would have reduced fees for obtaining or renewing driver's licenses in the state due to concerns about the continuity of services provided by accredited clinics.

The Lagos State House of Assembly has begun auditing the accounts of 20 Local Government Areas and 37 Local Council Development Areas to enhance accountability and transparency at the grassroots level.

The State Court of Accounts of Rio de Janeiro (TCE-RJ) has approved an investigation into Cedae's R$ 218 million investments in Banco Master amid allegations of irregularities.

José Gomes Graciosa, a councilor of the State Court of Accounts of Rio de Janeiro, was sentenced to 13 years in prison for money laundering and lost his position according to the ruling by the Superior Court of Justice.

Officials from the Piauí State Court of Accounts met to address land disputes in Cajueiro da Praia, aiming to regularize properties and ensure legal security for residents and businesses.

The Auditor General of Gambia, Cherno Amadou Sowe, has declared that the government's 2024 financial statements misrepresent the state’s financial position due to significant recording errors and misclassifications amounting to billions of dalasis.

Counselor Maxwell Vieira will oversee the audit of Tarcísio's accounts at the State Court of Accounts in the electoral year of 2026.

Regys Odlare Lima de Freitas, former rector of the State University of Roraima, has been appointed to a commissioned position in the Ministry of Public Accounts of Roraima despite ongoing investigations for corruption and domestic assault.

Two individuals and a company are accused of money laundering involving $1.2 million transferred to accounts in China and Turkey according to charges filed by the Varaždin State Attorney's Office.

The fatal shooting of 37-year-old Renee Nicole Good by an ICE agent in Minnesota has sparked widespread protests in Minneapolis and beyond, amid conflicting accounts from state and federal officials.

The new fiscal year in 2026 will begin without the General State Budget Law, resulting in minimal changes in tax matters initially, with the government planning to propose a public accounts project in the first quarter, depending on political negotiations.