The Brazilian Olympic Committee (COB) and Caixa Econômica Federal signed on February 18, in Brasília (DF), a cooperation agreement for the promotion and dissemination of federal lotteries. Thus, the COB hopes to expand the promotion of sports and support for the preparation of sports and athletes in the country. In the next two months, COB and Caixa will work together to define the actions that will be developed through the partnership.
"If these resources can be more abundant with our agreement, more investment will be directed to the athlete, it also impacts the social aspect, which is fundamental for Caixa," says COB vice president, Marco Antonio La Porta.
“We recognize the sport as a glory for Brazil and participating in this process is, in fact, a great pride. We still have a lot of room to grow and there is a mutual interest in making this business grow in a responsible manner,” completes the Vice President Agent Operator Caixa, Edilson Carrogi.
In addition to Carrogi and La Porta, the National Lottery Superintendent, Rodrigo Hori; COB's General Director, Rogério Sampaio; and COB Legal Director, Luciano Hostins.
Through the agreement, the COB and Caixa will implement several actions to disseminate information about the role of lotteries, to increase the collection of lotteries and, consequently, to generate more resources to the COB through transfers.
The transfer of funds from lotteries, provided for by law, is essential for the country's sports system. Since the sanction of the old Agnelo / Piva Law, in 2001, Brazil has moved from 53rd position to the current 13th position in the medal ranking of the Olympic Games.
“Stimulating the increase in lottery bets will result in an increase in activities and projects for the entire Brazilian Olympic sport,” highlights COB President Paulo Wanderley.
Law 13.756 allocates approximately 1.7% of the amount wagered on all federal lotteries in the country to the COB, which transfers a large part to the Confederations. In 2020, the forecast is that 84% of the money received from lotteries will be allocated directly to sports.
“This is a record amount invested in the Committee's core activity since the enactment of the Law, enabling the increment of fundamental actions for the development of Brazilian sport: training of the teams; hiring technicians; exchange trips; participation in international competitions; acquisition of sports equipment and materials; acclimatization periods of the delegations, among others,” emphasizes Paulo Wanderley.
To define the distribution of resources to the Confederations, 12 criteria are taken into account, ten of which are sporting and two are administrative. In 2020, the COB increased the weight of the Ethics and Transparency Management Program, which assesses Confederations based on their level of maturity in management and governance, adopting as a reference the main guides to good practices in the segment.
The funds received by the COB go through stages and processes that involve transparency and the provision of information to the Federal Court of Accounts (TCU) and the Federal Comptroller General (CGU). The process begins with an audit by CGU, which prepares a conclusive report and sends it to TCU for approval. This analysis is carried out permanently by making information available on an extranet platform (Extranet-TCU), created specifically for this purpose.
Source: COB
