Illustration of R$1.1M bank transfer from Banco Master to firm owned by father of Lula's ex-ports minister, amid Senate organized crime probe.
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Banco Master transferred R$1.1 million to firm of Lula's ex-minister's father

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Banco Master transferred R$1.1 million to RI Consulting, the firm of former deputy Silvio Costa, father of ex-ports minister Silvio Costa Filho. The data, provided by the Federal Revenue to the Senate's CPI on Organized Crime, was obtained by a news column.

Banco Master made transfers totaling R$1.1 million to RI Consulting Assessoria e Consultoria Empresarial e Governamental Ltda throughout 2025. The firm lists Silvio Costa, former federal deputy from Pernambuco and father of Lula government ex-ports minister Silvio Costa Filho, as a partner. The administrator is Carlos Antônio da Costa Cavalcanti Neto.

RI Consulting is registered with the Federal Revenue as providing consulting services in information technology, advertising, organization of fairs, congresses and exhibitions, as well as fundraising.

The data was forwarded by the Federal Revenue to the Senate's CPI on Organized Crime and obtained by the column. The report sought comment from ex-minister Silvio Costa Filho on the matter but received no response as of publication.

Banco Master, under investigation, has faced scrutiny amid probes into its operations.

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