Fundação Renova

The Simplified Indemnity System will surpass 5,000 payments by the end of January

Published in: 02/05/2021

The Simplified Indemnity System will surpass 5,000 payments by the end of January. The system was implemented in August by the Renova Foundation by a 12th Federal Court decision for covering hard-to-prove damage categories caused by the Fundão dam collapse (MG).

Due to the new, more agile payment flow, acceptance agreements have more than doubled between the beginning of December and mid-January, increasing from 2 thousand to over4.2 thousand. In January alone, more than a thousand agreements were sent to the Court. Payments take place within 10 working days after acceptance of the terms by the Judiciary.

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