Supreme Court prohibits cash withdrawals from parliamentary amendments to increase transparency

bahianoticias.com.br (Portuguese)

STF prohibits cash withdrawals from parliamentary amendments to prevent corruption. The Supreme Federal Court (STF) ruled that cash withdrawals from parliamentary amendments are forbidden, even after funds are transferred to beneficiary companies. This aims to increase transparency and prevent illicit activities. The decision requires the Central Bank and Coaf to regulate electronic payments within 60 days. This follows concerns raised by civil society groups about ongoing risks of corruption and diversion of funds.


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Supreme Court prohibits cash withdrawals from parliamentary amendments to increase transparency | News Minimalist