Cedae's Critical Financial Situation Exposes Chronic State Claims

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The State Water and Sewage Company (Cedae) served 64 municipalities in Rio de Janeiro prior to the privatization of its extensive sanitation area. After the successful sale, which has attracted necessary investments to the sector throughout the state, it continued to be responsible for the collection and supply of water treated to private dealers. However, financial problems persisted, as revealed by the audit commissioned by the new president o…