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Police Confront Vorcaro and Ex‑BRB Chief at STF as Banco Master Probe Finds Contradictions

Justice Toffoli retains control of the sealed case at the Supreme Court after depositions exposed diverging accounts.

Overview

  • Federal police held a roughly 30‑minute face‑off on Dec. 30 between Banco Master owner Daniel Vorcaro and former BRB president Paulo Henrique Costa after conflicting statements were identified.
  • The Banco Central’s supervision director, Ailton de Aquino, gave a detailed deposition, was deemed not an investigated party, and was excused from any confrontation.
  • Delegada Janaína Palazzo led the proceedings, which featured procedural disputes with Toffoli’s aide over sequencing of depositions and the inclusion of the minister’s questions, later recorded in the case file.
  • PGR chief Paulo Gonet issued an opinion supporting, as a precaution, keeping the inquiry with Toffoli at the STF due to a seized document that mentions a sitting federal deputy.
  • The Banco Central told the TCU it reported suspected crimes to federal prosecutors and defended Master’s extrajudicial liquidation, citing a liquidity crisis and roughly R$12–12.2 billion in suspect credit portfolios.