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Moraes Details BC Meetings, Denies Calls or Pressure Over Banco Master

The justice says the conversations addressed Magnitsky sanctions, countering reports that he lobbied the central bank over the stalled Master–BRB deal.

Overview

  • In a new note, Moraes said he held two meetings with BC president Gabriel Galípolo in his office on August 14 and September 30 to discuss the effects of U.S. Magnitsky sanctions.
  • He stated he never went to the Central Bank, made no phone calls to Galípolo, and exerted no pressure regarding Banco Master, adding that his wife's law firm did not act on the BRB–Master operation before the BC.
  • The Central Bank confirmed meetings with Moraes to address the sanctions’ effects, without specifying that only that topic was discussed.
  • Reports by O Globo and Estadão say Moraes contacted Galípolo multiple times about Master, including claims of up to six calls in one day, which Moraes denies.
  • Estadão highlighted discrepancies such as altered wording between versions of Moraes’s note and the absence of the confirmed meetings from the BC’s public agenda, as political actors pursue impeachment requests and a proposed CPI.