O Bank of Brasilia (BRB) will ask the Federal Court of Brasília to join as an assistant prosecutor in the action filed against Banco Master. The decision came from the Board of Directors of the state-owned company this Friday (28). The information was revealed by the newspaper Folha de S. Paulo and confirmed by Estadão.
According to the investigation, Master sold fake credit portfolios worth R$12.2 billion to BRB, which officially announced its intention to buy the bank in March this year. This operation would be a way of hiding fraud, according to investigations within the scope of Operation Compliance Zero.
As Estadão showed, the Federal Police investigation listed a series of failures and omissions in the BRB in this case. The PF analysis identified serious flaws in the governance of the public bank and pointed out that the BRB deliberately ignored the inconsistencies in credit portfoliosjust to transfer resources and try to prevent Vorcaro’s bank from going bankrupt.
BRB, in a statement released to the press, stated that the portfolios were liquidated or replaced and that there is no exposure for the bank.
Under new management
BRB reported that Nelson Antônio de Souza took office, this Thursday (27), as president of the institution. He also cumulatively assumes the position of executive director of Finance, Controllership and Investor Relations at the institution, controlled by the Federal District government. The possession had received authorization from the Central Bank the day before.
Souza assumes the post after the Federal Police operation launched on the 18th, to investigate crimes by the management of Banco Master, resulted in the removal of Paulo Henrique Costa, who had led the attempt to purchase part of the private bank, announced on March 28th and since then the target of investigation.
This Friday (28) Judge Solange Salgado, from the Federal Regional Court of the 1st Region (TRF-1), and four others investigated by the Federal Police in the case. Among them are directors and employees of the financial institution.
at Guarulhos Airport, in São Paulo, from where he would travel to Dubai, in the United Arab Emirates. He was detained in the x-ray moments before boarding.
This Friday, the judge understood that Vorcaro does not pose a risk to society and determined precautionary measures to mitigate the risk of escape, such as passport retention and electronic monitoring.
“However, despite the initial presence of the justifying elements of the prison decree, it is important to highlight that the crimes attributed to the patient do not involve violence or serious threat to the person”, argued the judge in her decision.
