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Moraes Details Meetings With Central Bank Chief, Denies Calls or Lobbying for Banco Master

The statement follows reports he sought approval of the BRB–Master deal during a period when his wife's firm had a multimillion-real contract with the bank.

Overview

  • In a new note late Tuesday, Alexandre de Moraes said he held two meetings with Banco Central president Gabriel Galípolo on August 14 and September 30 to discuss the impacts of U.S. Magnitsky sanctions, stating he never visited the Central Bank, made no phone calls, and applied no pressure about Banco Master.
  • He added that his wife's law firm never acted before the Central Bank in the BRB–Master acquisition, countering reports that tied the firm’s services to the transaction.
  • The Central Bank issued a brief statement confirming meetings with Moraes about Magnitsky’s effects, without explicitly saying that no other subjects were discussed.
  • O Globo and Estadão reported accounts that Moraes contacted Galípolo multiple times about the BRB–Master deal, including a claim of six calls in one day, which the minister disputes.
  • Estadão highlighted inconsistencies such as edited wording in Moraes’s initial note, missing entries for the meetings in public agendas, and timing discrepancies, as opposition lawmakers pursue impeachment efforts and push for a CPI; Banco Master was liquidated on November 18 after a probe into alleged R$ 12.2 billion in fraud and the arrest of owner Daniel Vorcaro.