Folha Readers Demand PF Probe in Banco Master Scandal

Amid the Banco Master scandal—marked by its November 2025 liquidation, billion-dollar fraud allegations, and political ties—Folha subscribers demand a Federal Police investigation into implicated politicians and condemn social media attacks on the Central Bank. The TCU president affirms any liquidation reversal lies solely with the STF.

Folha's Reader Panel highlighted outrage over the Banco Master case following recent reports on potential liquidation reversals. Subscribers condemned political interference and called for accountability in Brazil's financial oversight.

Maria Alice Costalonga from São Paulo decried: "What a shame to reverse the liquidation! Isn't the owner's bad character proven?" Fernando Sanches, also from São Paulo, stated: "Evil won." Luzonaldo Augusto from Recife urged: "The PF must investigate and take down the politicians involved in the case. There are many implicated," referencing reports of at least 46 internet profiles launching coordinated attacks on the Central Bank and investigators.

These reactions underscore public demands for transparency amid ongoing probes into frauds, institutional investments, and judicial scrutiny by the STF and TCU.

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Justice officials urgently seeking Banco Master liquidator Eduardo Félix Bianchini at São Paulo office amid escalating legal disputes.
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Justice Officials Seek Banco Master Liquidator Amid Confrontation Escalation

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In the latest twist in the Banco Master liquidation case—following STF Minister Dias Toffoli's December 27 rejection of the Central Bank's bid to exclude its Fiscalization Director from the December 30 confrontation—two justice officials visited the São Paulo office before Christmas seeking liquidator Eduardo Félix Bianchini, fueling expectations of summons in the ongoing legal disputes.

Following the STF confrontation between Banco Master's controller Daniel Vorcaro and ex-BRB president Paulo Henrique Costa, the scandal deepens with TCU scrutiny of the Central Bank and new revelations of political ties and massive fraud risks. Experts urge full transparency to restore institutional trust.

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Supreme Court Justice Alexandre de Moraes denied pressuring the Central Bank president in favor of Banco Master, embroiled in billion-dollar frauds. Reports indicate contacts between Moraes and Gabriel Galípolo, but both claim the meetings addressed the Magnitsky Act. The case has spotlighted judiciary ties and calls for investigation from opponents.

In a follow-up ruling, STF Minister Dias Toffoli rejected the Central Bank's embargos to remove Fiscalization Director Ailton Aquino Santos from the December 30 confrontation hearing in the Banco Master case, emphasizing his relevance despite BC not being investigated.

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Justice Dias Toffoli, rapporteur of the inquiry into the R$12 billion fraud between Banco de Brasília (BRB) and Banco Master, prepared 81 detailed questions for banker Daniel Vorcaro, who was questioned on December 30. The queries examine suspicious transactions, failures in Central Bank oversight, and potential political connections. Toffoli lifted the secrecy of the depositions to progress the probe.

Police Federal investigates 36 companies that took suspicious loans from Banco Master, totaling R$ 18.8 billion passed to funds managed by Reag. Of these, 23 operate in the real estate sector, linked to banker Daniel Vorcaro's background. Meanwhile, FGC starts paying R$ 40.6 billion to 800,000 creditors, facing app instability.

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The Party Novo bench filed a criminal complaint with the Attorney General's Office on Monday (26) against STF Justice Dias Toffoli for alleged atypical interference in the Bank Master inquiry. The party also requested a Federal Police investigation into the judge's actions. Lawmakers are questioning the justice's decisions and family ties to a resort involved in the case.

 

 

 

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