Power

Bolsonaro goes after center-right opponents with one eye on 2022

João Doria (L) and Speaker Rodrigo Maia
João Doria (L) and Speaker Rodrigo Maia

Last week, President Jair Bolsonaro published a list of 134 subsidized loans granted by the Brazilian Development Bank (BNDES) between 2009 and 2014 for the purchase of private Embraer jets. The move came as part of one of Mr. Bolsonaro’s campaign promises, to open the BNDES’ “black box,” but it also served a more practical purpose for the president: attacking two potential rivals for the 2022 election. Among the beneficiaries of the subsidized loans was São Paulo Governor João Doria, who took out a BRL 44 million loan with the bank by way of a property management company in...

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