Will the privatization of Brazil’s Eletrobras be prevented today?


RIO DE JANEIRO, BRAZIL – The privatization of Eletrobras, considered one of the largest energy companies in Latin America, is in danger of failing. In the hearing scheduled for this Wednesday (20), before the Federal Court of Accounts (TCU), at least one of the ministers, Vital do Rêgo, who opposes the privatization, should request the postponement of the analysis of the process.

“I will request that the case be examined within 60 days because that is what the regulations allow me to do. Therefore it will not be possible to analyze the vote in time,” Rêgo said Tuesday.

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