Renan Calheiros accuses Motta and Lira of pressuring TCU in Banco Master case

In the latest development of the Banco Master scandal—where the Central Bank liquidated the institution amid fraud allegations and a TCU probe—Senator Renan Calheiros accused Chamber President Hugo Motta and former President Arthur Lira of pressuring TCU members to reverse the decision. Lira denied the claims as 'fake news,' amid ongoing court scrutiny of the bank's supervision.

Senator Renan Calheiros (MDB-AL) stated to Metrópoles on January 19 that he received information about Hugo Motta (Republicanos-PB), current Chamber President, and Arthur Lira (PP-AL), his predecessor, influencing Tribunal de Contas da União (TCU) members in the Banco Master case. This follows the Central Bank's November extrajudicial liquidation of the bank, controlled by Daniel Vorcaro, due to liquidity crisis, economic issues, and regulatory violations—events detailed in prior coverage including arrests, BRB fund injections, political ties, and massive fraud risks.

The case escalated to TCU after concerns over Central Bank supervision, with rapporteur Minister Jhonatan de Jesus (a former Republicanos deputy appointed with Motta and Lira's support) suggesting re-evaluation in a dispatch: “It cannot be ruled out that, at an opportune moment, a precautionary measure... may be considered.” Renan, a Lira rival, claims the pressure targeted reversing the liquidation in Jhonatan's process and related cases.

Lira dismissed the accusations to Metrópoles as 'fake news' from Renan, who 'attacks adversaries without proof.' Motta's office did not respond. In response, Renan, as Senate Economic Affairs Committee (CAE) president, formed a working group last week to monitor Banco Master investigations, with powers to summon witnesses, request data, and propose legislation for oversight.

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TCU official announces suspension of Central Bank probe in Banco Master scandal at a heated press conference amid protests and political tension.
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TCU Suspends Central Bank Probe in Banco Master Liquidation Case

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In an update to the ongoing Banco Master scandal, the TCU has suspended its inspection of the Central Bank on January 8, following a preliminary review finding no regulatory inaction and amid public pressure. Opposition pushes forward with a CPMI proposal, while controversies persist over judicial ties and aggressive defense tactics.

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.

STF Minister Dias Toffoli denied the Attorney General's Office request to suspend an acareação involving suspects in the Banco Master irregularities case, scheduled for December 30. The hearing will confront Daniel Vorcaro, the bank's owner, Paulo Henrique Costa, former BRB president, and Ailton de Aquino, Central Bank's Fiscalization Director. Lawyers describe the measure as inopportune, as individual depositions have not yet been taken.

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Daniel Vorcaro, owner of Banco Master, denied to the Federal Police having defrauded credit portfolios worth R$ 12.2 billion sold to BRB, claiming he did not know which were good or bad. The portfolios, acquired from Tirreno consultancy, allegedly originated from payroll loans via Bahia public server associations, but indications point to forgery to inflate the bank's balance. The testimony took place on December 30, 2025, at the STF, under the rapporteurship of Dias Toffoli.

Daniel Vorcaro, owner of Banco Master, used a diverted loan from the bank to purchase a R$36 million mansion in Brasília's Lago Sul. The acquisition was through a company connected to his brother-in-law, part of a fraud network probed by federal police. Experts highlight irregularities that may breach financial transparency rules.

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Following his January 22 defense of the STF's handling, President Edson Fachin issued a January 25 statement slamming media coverage of the Banco Master fraud case as an attack on the court's authority and democracy. The move has ignited debate, with columnists decrying it as shielding judges amid reported irregularities like contracts and personal ties.

 

 

 

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