MP-RJ speaks out against Vasco's loan request | OneFootball

The request from Vasco da Gama to secure a loan of R$ 80 million as part of its Judicial Recovery process has encountered a significant obstacle. The Public Prosecutor’s Office of the State of Rio de Janeiro (MP-RJ) has issued an opinion recommending that the court reject the request. The agency considered the application “premature” due to the lack of crucial information about the deal.

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Opinion points to the absence of a formalized contract

The main justification given by the MP-RJ for its negative recommendation is the fact that the loan contract has not yet been signed. In the document, signed by Prosecutor Gustavo Adolfo Cunha Lunz, the agency states that without a formal agreement, “its definitive terms are unknown.”

The Public Prosecutor’s Office emphasizes that it is not possible to approve a deal without knowing fundamental details.

Among the missing information pointed out in the opinion are the identity of the lender, the interest rate to be applied, and other conditions of the deal. Without this data, the MP believes it cannot give its approval.

MP-RJ’s opinion – Photo: Reproduction

Vasco’s request is an attempt at early approval

The prosecutor’s analysis concludes that the Judiciary cannot “be manipulated by stipulations made between private parties.” In other words, the court cannot provide a “shield” for a private contract that has not even been executed and whose clauses are still unknown.

Vasco’s request was considered an attempt at early approval, even before the deal actually exists. The final decision on whether or not to authorize the loan will rest with the judge responsible for the case.

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This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.