The Federal Court of Accounts (TCU) in Brazil recently found that before the ban in January this year, over a quarter of the funds from the Bolsa Família program were spent on gambling, totaling 3.7 billion reais. This highlights the urgency of monitoring the use of these funds.Research Data and
In his first week as head of the Central Bank, Gabriel Galípolo committed to collaborate with the new president of the Federal Court of Accounts (TCU), Vital do Rêgo, by providing Pix transaction information made by Bolsa Família beneficiaries to betting houses. The court is investigating the alloc
In an interview with the Gaúcha Atualidade program, from Rádio Gaúcha, the Secretary of Prizes and Bets of the Ministry of Finance, Regis Dudena, stated about the use of Bolsa Família and other social programs for gambling, that the initial position of the Department, as regulators, is that 'should
The Attorney General's Office (AGU) appealed this Thursday (12) against the decision of the Supreme Federal Court (STF) that mandates the adoption of tools to prevent beneficiaries of the Bolsa Família program from using funds received from the program to gamble on bets. In the request, the AGU stat
Emphasizing the prohibition of bets for Bolsa Família beneficiaries is, at the very least, exaggerated and disproportionate. This is the opinion of Felipe Crisafulli, partner at Ambiel Lawyers, in an article about the measure determined by Supreme Federal Court minister Luiz Fux. "The truth is that
Even after the initial decision to suspend the virtual plenary meeting, the Supreme Federal Court (STF) convened and unanimously upheld, this Thursday (14), the decision by Minister Luiz Fux that mandates the government to immediately adopt measures to prevent the use of resources from assistance pr
The Central Bank stated, in response to Folha via LAI (Access to Information Act), that there are no guarantees that the study indicating that Bolsa Família beneficiaries transferred R$ 3 billion via Pix to online sports betting companies is not subject to errors. The release of the document, after
A technical note from the Ministry of Development contradicted the accusations from trade associations and the report from the Central Bank regarding the spending on betting by the beneficiaries of the Bolsa Família program.Brazil.- The Ministry of Development, Industry, Commerce and Services refute
For now, the Lula government has backed down from blocking the Bolsa Família card for bets. Before the meeting of ministers with the president at the Planalto on online betting, there was an expectation of a specific announcement for beneficiaries who have become indebted due to online sports bettin
President Lula (PT) expressed concern about the impact of betting on the finances of the poorer population and the high rate of indebtedness. According to the Minister of Social Development, Wellington Dias, the leader argues that the Bolsa Família Program is “for food and basic needs” and, therefor
According to the president of the Central Bank, Roberto Campos Neto, online betting and gaming platforms are beginning to raise suspicions of a possible deterioration in credit quality, with significant income commitment. He also mentioned that there has been an increase of over 200% since January i
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