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Report: Court to examine Banco do Brasil's promotion of vice president's son

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Report: Court to examine Banco do Brasil's promotion of vice president's son

A Brazilian court will examine a so-called popular action case seeking to annul the appointment of Rossell Mourão to a special advisory role at state-run Banco do Brasil SA, on the grounds of nepotism, Folha de S.Paulo reported.

Rossell Mourão is the son of Brazil's new vice president, Hamilton Mourão.

The legal complaint claims that there is a "direct correlation" between the appointment of Rossell Mourão and ascension of his father to the vice presidency, resulting in a clear case of nepotism, according to the report.

Rossell Mourão, an employee of Banco do Brasil for 19 years, was promoted in January to the new role, in which he will report directly to new company CEO Rubem Novaes. His salary reportedly will triple to 36,300 reais with the job change.

Both the bank and the vice president, who took office Jan. 1, have defended the appointment as being purely merit-based, according to a previous report by O Estado de S. Paulo.

Brazilian President Jair Bolsonaro, of the right-wing National Social Liberal Party, was elected on an anti-corruption platform in late 2018. He has blasted the former Workers' Party governments of Presidents Lula da Silva and Dilma Rousseff for widespread corruption and vowed to eradicate such action at state-run agencies.

Bolsonaro and his economic team have particularly criticized public banks for alleged corruption. Economy Minister Paulo Guedes claimed that Brazil saw its state-run banks deteriorate in recent years "due to perverse associations between private pirates, corrupt bureaucrats and creatures from the political swamp."

As of Jan. 16, US$1 was equivalent to 3.73 Brazilian reais.