CGU imposes fine on the company responsible for selling the Covaxin vaccine

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Summary:

The Controladoria-Geral da Uniu00e3o (CGU) has published a decision condemning Precisa u00e2u20acu201c Comercializau00c3u00a7u00c3u00a3o de Medicamentos for committing fraud in the procurement of public tenders. The company was found to have presented fake documents, including a forged procurement notice, and fabricated invoices. As a result, Precisa was fined R$3,879,251.35 and declared ineligible to contract with the public administration for 75 days. The company was also required to publish the decision in a prominent newspaper, on its website, and in an edital posted at its establishment. The case involved the acquisition of 20 million doses of the Covaxin vaccine, contracted by the Brazilian government for approximately R$1.6 billion.

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