Launched three years ago, the plan to upgrade the Brazilian Navy squadron has been subject to several complaints of irregularities. In the most recent chapter of this billion-Real deal, Economy Minister Paulo Guedes resorted to an accounting maneuver to transfer BRL 89 million to the Emgepron, the state-owned company in charge of the program, foreseeing the purchase of four new warships. Meanwhile, the Federal Accounts Court (TCU) has been monitoring the venture closely, already pointing out a series of faults in its execution.
The Navy submitted the so-called Tamandaré-Class project back in 2017. With an estimated cost of BRL...