“Everything that the company earned in the third quarter will be distributed in the form of dividends. Instead of increasing the company’s investment and increasing product offering, [a Petrobrás] criticized the former minister
247 – Former BNDES President and Former Finance Minister, Guido Mantega, in an interview with TV 247, criticized Petrobras’ policy, led by the Jair Bolsonaro government, in distributing ‘Fantastic’ profits for shareholders with abusive pricing from the Brazilians.
The former minister highlighted the exorbitant profits of the state-owned company in the second and third quarters of this year, but stressed that these figures were achieved only in the face of extortion by Brazilian citizens who At some gas stations in the country, they already pay US$7 per liter of gasoline, for example. “Petrobrás had a profit in the third quarter of R$31 billion, and in the second quarter of 2021 it made a profit of R$41.8 billion. It’s a great profit. But where did you get that profit from? Charged in Brazil. So gasoline is up 74% this General, diesel oil 64% and so on.
Mantega also criticized Petrobras’ decision to distribute its dividend to shareholders, most of whom are foreign, rather than valuing the internal population and investments in the company itself. “With all these dividends, what will Petrobrás do? Will you distribute it to the shareholders. I have never seen such a large amount of dividends paid. Only now they announced a dividend of 31 billion Rls. In other words, whatever the company does it will distribute dividends in the third quarter. Instead of increasing the company’s investment, increasing product supply, Petrobrás says there will be a shortage of products now in November, and it will pass on to shareholders.”
Sign 247And Support PixAnd Subscribe to TV 247, no channel 247 And watch:
Free knowledge groups. know more. follow us no cable.
to you who came here, Thank you very much for rating our content. Unlike corporate media, the 247- Brazil it’s at TV 247 They finance themselves through their own community of readers and viewers. You can support TV 247 and Brasil 247 in different ways. See how at brasil247.com/apoio
Support 247
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.