The Minister of Finance said this Tuesday morning (18) that the ministry is ready to collaborate with the Ministry of Finance, if necessary, on the issue of Finance.
He stated, however, that he would not comment on the liquidation and the Federal Police, as it is a delicate matter and within the jurisdiction of the monetary authority.
“The Central Bank is the regulator of the financial system and I am sure that, to have reached this point, the entire process must be very robust,” the minister told reporters. “It is up to the Treasury to provide support for the consequences of this act [e]if there is, we are here ready to collaborate.”
This Tuesday, the Central Bank decreed the liquidation of and placed Master Múltiplo, an institution that is part of the conglomerate, under a special temporary administration regime for up to 120 days. Only Will Bank was preserved due to investor interest in acquiring the digital bank.
The announcement was made one day after Daniel Vorcaro’s Fictor Holding Financeira and more than two months after the monetary authority rejected the purchase of the bank by BRB (Banco de Brasília).
Banker Daniel Vorcaro, owner of Master, was arrested by the Federal Police on Monday night (17), in São Paulo. According to members of the corporation, there was a suspicion that the banker might leave the country to avoid arrest. He was preparing to board a flight abroad. The PF operation aimed to combat the issuance of false credit securities by financial institutions.
Vorcaro’s lawyers deny escape and say that the banker was traveling to Dubai to discuss the sale.
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