Senate approves summons of minister over Banco Master audits

The Senate Economic Affairs Committee approved the summons of Minister Wolney Queiroz to explain audits of pension funds linked to Banco Master. The request was filed by Senator Renan Calheiros and also includes the Previc director.

The approval took place on Tuesday, May 19, 2026. Senators seek details on documents that authorized investments in unguaranteed Banco Master bonds.

The request highlights indications that the technical documents resembled the bank's advertising materials, suggesting a lack of real analysis. State and municipal pension institutes invested R$ 1.87 billion in the institution.

Up to 20% of these funds' assets were concentrated in unguaranteed bonds. Hearing dates with Wolney Queiroz and Ricardo Pena Pinheiro have not yet been set.

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