The Brazilian Chamber of Deputies calls the Minister of Economic Affairs into a tax haven for his company

The Brazilian Chamber of Deputies voted by a large majority to summon the Minister for Economic Affairs, Paulo Guedes, to give an account of the operations of a company in the Virgin Islands, which was revealed in the “Pandora Papers” that were released last weekend.

The existence of the said company itself is not illegal as long as it is declared, but the opposition suspects that Guedes may have gotten into a conflict of interest. The minister is now parting with his political activities from the controversial company, from which he would have distanced himself from Jair Bolsonaro before he took office.

The Brazilian Chamber of Deputies calls the Minister of Economic Affairs into a tax haven for his company
The Brazilian Chamber of Deputies calls the Minister of Economic Affairs into a tax haven for his company

With 310 votes to 142, MPs understood that the controversy required Guede’s appearance. The House of Commons plenary has agreed to a mandatory subpoena, although the legislature closest to the government’s thesis has tried to do it only on a voluntary basis, according to news portal G1.

It remains to determine the date of the publication, which has already been sponsored by several commissions, and to see to what extent and for whom the President of the Central Bank, Roberto Campos Neto, whose name has also appeared in the “Pandora Papers”, has to make statements. ‘ unveiled by the International Consortium of Investigative Journalists.

The Brazilian opposition has also filed a lawsuit against Guedes and Campos Neto with the public prosecutor, which could also open a judicial front for both of them.

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