Commission will vote on the bid for the sale of Petrobras ' assets

The sale of assets and subsidiaries of Petrobras will have to strictly follow the rules of the law of bids and the legal status of the public company and the Joint Economy Society (13.303/2016). This is all because Senator Lindbergh Farias (PT-RJ) held a draft legislative decree (107/2017) which intends to suspend the systematic for the deinvestment of assets and companies of the Petrobras system. The measure is ready for the vote in the Committee on Constitution, Justice and Citizenship (CCJ).

For the senator, the constitution forbids any mixed-economy society that is part of the Union's indirect administration, in the case of Petrobras, to lower internal standards for regular bidding procedures. Therefore, the system adopted by the State would offend the constitutional principles of legality, publicity, morality and impersonality, because it exceeds the regulatory and legislative power, not living up to the legal order.

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