Can a banking minister judge a banker? – 11/19/2025 – Conrado Hübner Mendes

is accused of crimes against the financial system. He would have carried out the wildest adventures with public and private money, state pension funds, resources from retirees, falsified credit titles, traded fairytale CDBs.

Under the condescension of the Credit Guarantee Fund, in addition to municipal and state governments that supported its promises, it exploded and has just been liquidated by the Central Bank. Vorcaro remains in pre-trial detention while lawyers work legally and “socio-politically” to get him out.

The banker used to emphasize that one of his mottos in business was to choose carefully the people “to connect with on this journey.” He took his journey so seriously that he started sponsoring political, legal and business elites, financing the respect and admiration of Faria Lima and Praça dos Três Poderes.

In 2022, at the Lide Brazil Conference, in New York, Vorcaro financed a gala dinner for ministers, Luis Roberto Barroso, and dozens of other people. Banco Master was not announced as an official sponsor, but there was money from Vorcaro.

In 2023, at the 1st International Esfera Forum, held in Paris, in the presence of Barroso and Gilmar, Vorcaro praised him as “guardian of democracy”. In 2024, at the 2nd Esfera Internacional Forum, nearby in Rome, with Toffoli, Lewandowski, Barroso and Gonet in the room, Vorcaro spoke and warned that the government needed to resolve the “hole in public accounts”.

In 2024, in London, on the occasion of the Brasil de Ideias Legal Forum, organized by Grupo Voto with sponsorship from Banco Master, Gilmar, Moraes, Toffoli and Lewandowski offered their own ideas to this forum of ideas at the lobbying meeting.

The conversation circles organized by companies such as Lide, Voto, Esfera and IDP count on the presence of a very particular Brazil, very small, very homogeneous, very rich. Promiscuous encounters tempered by diversity quotas at public tables, without quotas at private cocktail parties. A Brazil that establishes an abusive relationship with the law.

The configuration of conflicts of interest in this new chapter of the legal battle that entangles Banco Master and its partners, if it does not bring anything original, at least helps to explain the obvious with more novelistic richness.

Ministers of the STF made it impossible for the institution of the STF to make a decision worthy of respect regarding Banco Master and its partners. If he grants habeas corpus to get them out of prison, we will be suspicious of favoring his rich friends. If he denies habeas corpus, we will suspect that it was precisely to prevent the image of favoring his friends.

We will have every reason to doubt any order that benefits or not any of these subjects and their companies. Because the conditions for impartial application of the law were suppressed by the ministers who attend this endless happy hour.

Bankerphilia is not exclusive to magistocracy. But when it enters the justice system, it corrupts the conditions presupposed in the respect that magistrates ask of us and in the authority they exercise.


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