O STF (Supreme Federal Court) resumed the testimonies of the investigation investigating the fraud of the Banco Master this Monday (26). The hearings will continue until this Tuesday (27).
The dates were authorized, Toffoli Days. In total, eight executives must testify. Some of them will go to the STF in person, another part will speak via videoconference.
Among those heard are partners from Banco Master, executives from BRB and a director of a company linked to the scheme.
The statements will be taken in just two days, after Toffoli reduces the deadline requested by the PF (Federal Police). This decision represented a new strain on the institutional relationship with the corporation.
The expertise of the material seized in the most recent phase of the Operation Compliance Zerofor example, . Four PF experts were appointed by Toffoli to monitor the process. The names were not suggested by the corporation, but chosen independently by the minister.
They are part of the Federal Police investigation which, within 60 days, if there is no request for postponement, must deliver a report with the evidence collected and names indicted.
As shown by the CNNToffoli already assesses, where the case was being processed until the end of last year. The case only reached the STF and the hands of the minister due to the deputy’s alleged involvement in fraud, as he has privileged jurisdiction.
Since December, the minister’s orders have caused discomfort among the Federal Police and those who began to discuss behind the scenes ways to improve the Court’s image.
What do the investigations say?
A PGR told the STF that there is consistent evidence that Banco Master had used “vulnerabilities of the capital market and the regulation and inspection system” to divert billions of reais for the benefit of its controllers, especially the businessman and people linked to him.
According to the Federal Police investigation, supported by the PGR, Banco Master raised funds in the market through the issuance of CDBs and directed them to funds in which it itself was the sole shareholder. These funds, in turn, acquired commercial notes and credit rights from companies linked to bank partners or people close to them, without real economic backing.
See below who should testify to the STF
January 26th
- Dário Oswaldo Garcia Junior, financial director of BRB (Banco de Brasília) – video conference;
- André Felipe de Oliveira Seixas Maia, director of a company investigated in the scheme – videoconferencing;
- Henrique Souza e Silva Peretto, businessman – videoconferencing;
- Alberto Felix de Oliveira, executive superintendent of treasury at Banco Master – video conference.
January 27th
- Robério Cesar Bonfim Mangueira, superintendent of financial operations at BRB – in person;
- Luiz Antonio Bull, director of risks, compliance, HR and technology at Banco Master – in person;
- Angelo Antonio Ribeiro da Silva, partner at Banco Master – video conference;
- Augusto Ferreira Lima, former partner at Master – in person.
*With information from Leonardo Ribbeiro and Teo Cury, from CNN Brasil
