Toffoli Sets In-Recess Confrontation in Banco Master Case, Drawing Pushback From PGR and Central Bank

Overview

• The session is scheduled for next Tuesday during the judiciary’s recess and was ordered by Minister Dias Toffoli on his own initiative.
• It will confront Banco Master owner Daniel Vorcaro, former BRB president Paulo Henrique Costa and BC supervision director Ailton de Aquino Santos about decisions tied to the bank’s liquidation.
• PGR and Central Bank officials called the measure atypical, and Prosecutor-General Paulo Gonet petitioned to suspend it as premature.
• Within the Supreme Court, some ministers view the move as unusual at this stage, while others defend Toffoli’s authority to order evidentiary steps.
• The inquiry reached the STF on December 3 after a PF document cited Vorcaro’s dealings with a federal deputy, following a vetoed sale to BRB in September and Master’s liquidation over suspected R$12 billion in fraud.