TCU Relator Halts Banco Central Inspection in Master Case, Sends Dispute to Plenary

Overview

• Minister Jhonatan de Jesus suspended the in‑person review at the Banco Central and referred the request to the TCU plenary, which will convene after the court’s recess.
• TCU president Vital do Rêgo said the court will not undo Banco Master’s liquidation and that any reversal would fall to the Supreme Federal Court.
• The Banco Central’s appeal argued that such inspections require a collegial decision; the relator maintained he had authority but granted a suspension to avoid institutional instability.
• Federal Police are investigating suspected high‑paid influencer contracts intended to attack the central bank and defend Master, an alleged campaign to sway public opinion.
• Banco Master was liquidated on Nov. 18, 2025 during the PF’s Compliance Zero probe into alleged fraudulent credit operations near R$12 billion, as market groups voiced support for central‑bank autonomy.