The Board of Directors of Banco de Brasília (BRB) released a communicated to the marketin which he informs that he will hire a specialized external audit to “investigate the facts” investigated within the scope of Operation Compliance Zero.
Launched on Monday (17) by the Federal Police (PF), the operation investigates the issuance of false credit titles by institutions then linked to the National Financial System. Its main target is Banco Master.
These operations simulated loans and other amounts receivable, amid credit portfolio negotiations with other banks. Among them, BRB.
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BRB statement
In the statement released this Tuesday (18), BRB informs that it has hired “a specialized and independent external audit to investigate the facts mentioned in the aforementioned operation [Operação Compliance Zero]notably those related to credit portfolio acquisition operations with Banco Master.”
The Bank also says that it will investigate the internal procedures adopted to approve these businesses and “possible governance or internal control failures”, he added when reaffirming his commitment “to the best governance practices, transparency and provision of information to the market.”
Finally, it informs that the Board of Directors will continue to continuously monitor developments, keeping its shareholders and the market duly informed.
Investigated
Among those investigated in the operation is the owner of Banco Master, Daniel Vacaro, detained at Guarulhos Airport when trying to leave the country.
The then president of BRB, Paulo Henrique Costa, and the bank’s director of Finance and Controllership, Dario Oswaldo Garcia Júnior. Both were removed from their positions at the bank.
On Monday, when participating in the Senate’s Parliamentary Commission of Inquiry (CPI) that investigates organized crime, the general director of the PF, Andrei Rodrigues, said that the frauds investigated may have irregularly moved around R$12 billion.
