The president Jair Bolsonaro it’s at Petrobras have 72 hours to explain the reasons that led to the change of command of the state Roberto Castello Branco by General Joaquim Luna e Silva, the Federal Justice of Minas Gerais decided on Monday to analyze a popular action.
In the action, two lawyers ask the Justice to give an injunction to bar the exchange in the direction of Petrobras. Federal judge André Prado de Vasconcelos decided that, before judging the request, he wants to hear the parties involved.
“For now, I would like to highlight that, as widely publicized by the media, the approval of the nominee for the presidency of Petrobras depends on the decision of the respective Board of Directors, which has not yet occurred,” he said.
“Thus, the defendants are only intimidated for manifesting, within 72 (seventy-two) hours, on the injunction request, articulating, in a concise and objective manner, the reasons and arguments that they consider pertinent and relevant to the discussion. the cause, “said the magistrate.
Sought, the Attorney General’s Office, which represents the president in court, said that it does not comment on cases pending in court. THE Petrobras did not immediately respond to a request for comment.
Bolsonaro announced the change in command at Petrobras on Friday night, a decision that has since caused a strong repercussion in the market in general and more specifically in the company’s shares.
On the stock exchange floor in São Paulo this Monday, the preferred shares of the state-owned company collapsed 21.5%, while common shares plunged 20.5%. The Ibovespa fell 4.9%.