Marques will report AGU action that questions points of the privatization of Eletrobras

Minister Nunes Marques, of the Federal Supreme Court (STF), was drawn this Monday (8) to report on the action that questions the constitutionality of sections of Law 14,182/2021, which authorized the privatization of Eletrobras. The draw was performed electronically by the court’s computer system. There is no deadline for the minister’s decision, informed Agência Brasil.

The action was filed on Friday (5) by the Attorney General’s Office (AGU) and challenges the section of the law that deals with the reduction of the Union’s participation in the votes of the company’s board. According to the AGU, the law prohibited a shareholder or group of shareholders from exercising voting power greater than 10% of the number of shares.

In the understanding of the body, the federal government, as a shareholder, was harmed by the norm. The Union owns about 43% of the common shares. In the petition, the AGU emphasized that the object of the action is not to renationalize Eletrobras, but to protect the public interest and the property rights of the Union.