May 26, 2017 / 11:53 PM / a year ago

New BNDES head Rabello says will not focus on past loans

RIO DE JANEIRO, May 26 (Reuters) - The incoming head of Brazil’s state development bank BNDES said on Friday he will not have a special focus on loans disbursed by the previous management.

In an interview with Reuters, Paulo Rabello de Castro said he will only know the details of loans to corruption-embroiled JBS SA, the world’s largest meatpacker, when he takes office next week. (Reporting by Rodrigo Viga Gaier; Writing by Alonso Soto; Editing by Sandra Maler)

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