Supreme Court Minister Flávio Dino has prohibited cash withdrawals from parliamentary amendments and instructed the Central Bank to implement this measure within 60 days.
On Tuesday, Supreme Court Minister Flávio Dino enacted a prohibition on cash withdrawals from parliamentary amendments, including those transferred to accounts of the ultimate beneficiary companies. This decision arises in an effort to increase oversight and transparency related to these funds. Dino clarified that there is no restriction on financial transactions; instead, the focus is on preventing direct cash withdrawals that could facilitate misuse of these public funds.
In his ruling, Dino instructed the Central Bank to implement the prohibition in conjunction with COAF (Council for Financial Activities Control) within a 60-day timeframe. Additionally, he emphasized the importance of the Executive Branch taking necessary actions to revise ministerial ordinances to address generalities, inconsistencies, and asymmetries in the allocation of parliamentary amendments. This move aims to create a more transparent system regarding how these funds are directed and utilized.
The minister also set a deadline of the following Monday for the Attorney General's Office (AGU) to provide updated information on the measures adopted. Dino's decision ties back to an ongoing ADPF (petition for noncompliance with a fundamental precept) that highlights a lack of transparency and traceability in the allocation and execution of parliamentary amendments, indicating a significant shift toward accountability in governmental financial practices.
