Federal District filed an action at the Supreme Court seeking a court guarantee for a loan involving former Banco Master partner Daniel Vorcaro.
1 report, 1 independent
Updated Sep 4
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What happened
Federal District filed an action at the Supreme Court seeking a court guarantee for a loan involving former Banco Master partner Daniel Vorcaro.
Who's involved
What this event is mainly aboutKeep exploring
Part of
A massive bank fraud probe is underway involving Banco Master, leading to police being authorized to investigate the matter.Also in this story
- Chief Justice Rapporteur Fachin is currently hearing a petition concerning the fraudulent purchases made by the defunct Banco Master, asking the Supreme Court to trace and return R$12.2 billion.
- Vorcaro, owner of Banco Master, allegedly secured contracts and sent messages to Supreme Court justices.
The entities involved
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Daniel Vorcaro
Brazilian banker and economist
- Vorcaro sought justice contact from Alexandre de Moraes while facing bank collapse, leading to Mendonça making a public PF report on the matter.
- Brazilian political tensions escalate as Lula and Bolsonaro compete in elections amid corruption allegations involving Vorcaro and US State Dept rejection of accusations.
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Banco Master
Brazilian financial institution
Nothing else this week.
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Supreme Federal Court
supreme court of Brazil
Nothing else this week.
Related events
- Supreme Court prosecuted Jair Bolsonaro for plotting a coup while also addressing corruption allegations involving Daniel Vorcaro and Banco Master.
- Supreme Federal Court mandates union negotiation before layoffs at Casas Bahia.
- The Supreme Federal Court rules on constitutional disputes in Brazil.
- The Supreme Federal Court is a key judicial body in Brazil, with court reform being a campaign issue for both Lula's and Bolsonaro's camps.