LUN 25 DE NOVIEMBRE DE 2024 - 00:05hs.
State bank opposes bill by congressman

Deputy Bacelar: “Gambling is prohibited, but Caixa is a big bookmaker”

Federal deputy Bacelar criticized Caixa Econômica Federal after the entity pointed out that a bill authored by the congressman from Bahia presented risks of money laundering and fraud. The project in question deals with the regulation of betting advisors, which has been in the Chamber of Deputies since 2023.

“It’s Caixa being Caixa. Gambling is prohibited in Brazil, but Caixa is a gambling business. How many games does Caixa have? It’s just that it’s inefficient and lives on its monopoly,” said Congressman Bacelar.

“Gambling is not prohibited in Brazil, what is prohibited is for the private sector to participate in gambling. The government is the biggest gambling banker. How many lotteries does Caixa have?,” asked Bacelar.

The congressman also took the opportunity to explain what the bill regulating betting advisors is about. According to him, it would be “practically impossible” for the category to participate in money laundering, since the profession is merely an intermediary.

“The betting advisor is a very well-known figure that has a French term that designates this profession, courier. Caixa already does this. If I go to Caixa’s website, there’s already the possibility of gambling via Caixa’s advisory service. The courier figure is there to provide security for an existing figure that is even provided for in the penal code. He doesn't receive the bets, he forwards them,” said Bacelar.

“I don't see how a courier can launder money, because he's just an intermediary. We have the COAF in the government, which identifies any suspicious activity. How can you launder money in an activity where you don't receive physical money? It's all electronic,” he added.

Source: Bahia Notícias