BNDES head exit not political, Brazil economic team to stay put -official
(World News Brazil)

May 26 The resignation of Maria Silvia Bastos as the head of Brazil`s BNDES was not politically motivated but she had lost control of the state development bank amid accusations from employees she did not defend their interests, a senior government official familiar with the matter told Reuters. Bastos, who resigned alleging personal reasons on Friday, had launched a series of internal investigations into past loans over allegations of corruption. ......