Caixa Econômica Federal will need to pay R$ 5 billion in transfers to Funcef's retirement fund. This payment will take place after a series of reports of suspected embezzlement of funds from retirees. With that, the Federal Public Prosecutor's Office prepared a civil action against the institution and determined the billionaire value for the payments.
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Operation Greenfield
As we have already mentioned, there are suspicions of diversion of funds from Funcef retirees. It is, therefore, the Caixa Econômica Federal pension fund. In this case, this data came to light after the Greenfield operation, which focused on previous corruption allegations.
In addition, the Federal Public Ministry came to the conclusion that during the period from 2008 to 2016, the bank exercised great political influence in the choice of positions. In this way, the problem of deviations is seen as one of the causes of the great economic problems that the country has faced and still faces since then. In addition to determining the payment of R$ 5 billion, the MPF also emphasizes the need to investigate and hold all directors of previous administrations accountable. Therefore, the investigation is still ongoing and hopes to be able to identify the names responsible for the deviations.
Who will receive this amount?
The R$ 5 billion determined by the Public Prosecutor's Office is directly destined for INSS retirees and pensioners. This is because they were the ones most affected by corruption. The MPF even emphasized the fact that Caixa Econômica Federal carries out a series of undue charges of extraordinary fees to retirees. It also needs to make amends to all those who suffered losses with these problems, especially whose settlement installments have a close maturity rate.
In addition, some meetings should be scheduled to seek conciliation between Funcef and Caixa. It will be at these meetings that evidence regarding corruption will be disclosed, mainly so that the public has access to this information. However, so far there is no notification as to the date of payment, nor how, and when, this money will reach its final destination, which is the account of INSS taxpayers.