Realistic illustration of empty Senate committee room with cancellation notice for hearing of detained banker Daniel Vorcaro amid financial fraud probe.
Realistic illustration of empty Senate committee room with cancellation notice for hearing of detained banker Daniel Vorcaro amid financial fraud probe.
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Senate committee cancels hearing with Daniel Vorcaro in Master case

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The Senate's Economic Affairs Committee canceled on Monday (9/3) the public hearing scheduled for Tuesday with banker Daniel Vorcaro, controller of Banco Master, who is preventively detained in Brasília. The decision comes amid investigations into financial frauds and mentions of STF ministers in data from Vorcaro's cell phone. Minister André Mendonça authorized unrecorded lawyer visits to the detainee.

The Senate's Economic Affairs Committee (CAE) suspended on Monday night (9/3/2026), at 8 p.m., the public hearing scheduled for Tuesday (10/3) at 10 a.m., which was to hear Daniel Vorcaro, controller of Banco Master. Vorcaro has been preventively detained in the Federal Penitentiary of Brasília since Friday (6/3), after being arrested on Wednesday (4/3) in São Paulo by the Federal Police, as part of Operation Compliance Zero investigating national financial system frauds.

Hours before the cancellation, the committee's agenda had been updated for a semi-presential format. Vorcaro's attendance was not mandatory, per a decision by STF Minister André Mendonça, who deemed presence in committees optional. Before his arrest, the banker had signaled willingness to provide clarifications.

On the same night, Mendonça authorized Vorcaro's lawyers to visit him in prison without prior appointment and without monitoring or recording, granting the defense's request. The facility is maximum security.

Meanwhile, STF President Edson Fachin and Mendonça, the case's rapporteur, met to discuss mentions of Ministers Alexandre de Moraes and Dias Toffoli in PF reports based on Vorcaro's cell phone. Records indicate messages, calls, and social invitations attributed to Moraes and Toffoli. Moraes denied message exchanges and visits to a property linked to Vorcaro in Trancoso, Bahia. His wife, Viviane Barci de Moraes, confirmed in a statement providing legal services to the bank from February 2024 to November 2025, with 94 meetings on areas like compliance and regulatory.

For Toffoli, data point to phone contacts, messages, and references to the Tayayá resort in Goiás. Senator Alessandro Vieira (MDB-SE) gathered 27 signatures for a CPI investigating the ministers' conduct in the Master case, stating: “We will conduct an absolutely necessary investigation to restore Brazilians' trust in institutions”.

Investigations reveal Vorcaro's contacts with Central Bank servers, such as Belline Santana and Paulo Sérgio Neves de Souza, targets of searches on 4/3 and removed for indications of undue advantages. The BC reported suspected crimes to the PF. The scandal involves right- and left-wing politicians, with pension funds investing in the bank's financial letters and electoral donations linked to Vorcaro's family.

Apa yang dikatakan orang

Reactions on X to the Senate Economic Affairs Committee canceling the hearing with Daniel Vorcaro are limited and mostly neutral, with news outlets reporting the decision stemmed from the defense not confirming his presence amid his detention and STF rulings. Some users express skepticism linking it to broader suspicions of protection in the Banco Master case involving STF ministers.

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STF Second Chamber judges deliberating Daniel Vorcaro's preventive detention in virtual session amid fraud probe and plea bargain expectations.
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STF Second Chamber judges Vorcaro's preventive detention amid plea bargain expectations

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The STF's Second Chamber begins judging the preventive detention of Banco Master owner Daniel Vorcaro in a virtual plenary starting Friday (13). This follows his March 4 arrest in Operation Compliance Zero and the recent cancellation of a Senate hearing. The Federal Police believes continued detention boosts chances of collaboration in billion-dollar fraud probes, while his defense seeks release.

STF Justice André Mendonça ordered greater transparency in the Banco Master case by mandating the delivery of ex-banker Daniel Vorcaro's data to the INSS CPI and the Federal Police. The ruling makes Vorcaro's attendance at the commission optional and reduces risks of evidence tampering. Meanwhile, reports of parties hosted by Vorcaro with authorities heighten suspicions of undue influence in power structures.

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The STF's Second Panel ruled 4-0 to uphold the preventive detention of Banco Master owner Daniel Vorcaro on Friday (March 20). Justice Gilmar Mendes sided with rapporteur André Mendonça but criticized the reasoning as using 'porous and elastic' terms. The ruling comes amid Operation Compliance Zero probing financial frauds.

The Federal Police arrested banker Daniel Vorcaro on Wednesday (March 4) in the third phase of Operation Compliance Zero, investigating irregularities at Banco Master. The operation uncovered a criminal organization with four nuclei, including corruption of Central Bank employees and intimidation of adversaries. Two BC employees were removed and required to wear ankle monitors.

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Senate President of the INSS CPMI, Carlos Viana (Podemos-MG), announced the summons of bankers Daniel Vorcaro and Luiz Félix Cardamone Neto for depositions on February 5. The hearings are part of investigations into frauds in payroll loans to INSS retirees. The commission is also seeking to overturn a habeas corpus to hear Maurício Camisoti.

The president of the Cpmi of Inss, senator Carlos Viana, met with Supreme Court minister André Mendonça to advocate for reviewing decisions that blocked depositions, including that of banker Daniel Vorcaro. Mendonça indicated he will release the appeals for collegiate judgment. Viana also criticized the decision allowing Leila Pereira to cancel her deposition.

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The Regional Federal Court of the 1st Region ordered on Friday, November 28, 2025, the release of Daniel Vorcaro, owner of Banco Master, and four other directors, with ankle monitor use and other precautionary measures. Desembargadora Solange Salgado da Silva's decision will be enforced on Saturday, 29. Vorcaro was arrested on November 17 during Operation Compliance Zero, probing frauds of about R$ 12.2 billion in fake credit titles.

 

 

 

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