Brazilian Political Party Urges STF to Bar Privatization of Six State-owned Companies

Privatization of the companies is authorized by four decrees promulgated by President Jair Bolsonaro, under federal Laws 9,491/1997 and 13,334/2016.

RIO DE JANEIRO, BRAZIL - The Democratic Labour Party (PDT) has petitioned the Federal Supreme Court (STF) to suspend the privatization of six state-owned companies - the Brazilian Mint, the Data Processing Service (SERPRO), the Social Welfare Information and Technology Company (DATAPREV), the Brazilian Agency for Guarantees and Guarantee Funds (ABGF), the Asset Management Company (EMGEA) and the National Center for Advanced Electronic Technology (CEITEC).

The case was distributed to Justice Cármen Lúcia.

The privatization of these . . .

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