According to information gathered by Jovem Pan, the minister wants to update the progress of the investigation and what the next steps in the investigation will be
The minister André Mendonçado Supremo Tribunal Federal (STF), called for this Friday (13) a meeting with delegates from Federal Police responsible for investigations into alleged financial fraud involving Banco Master.
According to information obtained by Young Panthe minister wants to update the progress of the investigation, find out what has been found so far and what the next steps in the investigation will be.
The PF would also be gathering new information extracted from the cell phone of the bank owner, Daniel Vorcarofor sharing with the new case rapporteur.
The meeting takes place one day after Minister Mendonça takes on the responsibility of reporting on the Banco Master investigation at the Federal Supreme Court.
New rapporteur
A Young Pan found out that but found himself isolated and ended up giving in. The assessment of the members of the Court is that the judge’s actions in the Banco Master process caused unnecessary strain on the Supreme Court.
The meeting of ministers was called by the president of the STF, Edson Fachin, to discuss the report from the Federal Police (PF) sent to the Court about the investigation carried out on the cell phone of the owner of Banco Master, Daniel Vorcaro. . In other words, that he was declared a “suspect” to act in the process.
After the meeting, in a note, the 10 ministers of the STF declared that the accusations were not “a case of justification for the allegation of suspicion” and recognized the validity of the acts carried out by Toffoli in the report.
Understand the Master case
After identifying signs of financial irregularities and the serious liquidity crisis, the Central Bank determined, in November 2025, the extrajudicial liquidation of Banco Master S/A, Banco Master de Investimentos S/A, Banco Letsbank S/A and Master S/A Corretora de Câmbio, Títulos e Valores Mobiliários.
On January 21, Will Bank, the digital arm of the Vorcaro conglomerate, .
According to investigations, Banco Master offered Bank Deposit Certificates (CDB) with profitability well above the market. To sustain the practice, the financial institution began to take excessive risks and structure operations that artificially inflated its financial balance, while liquidity deteriorated.
The episodes of settled on January 15, are the most serious in the Brazilian financial system. The cases involve, in addition to fraud, tensions between the STF and the Federal Audit Court (TCU), as well as with the Central Bank and the PF.
On January 17, the Credit Guarantee Fund (FGC) began the from Banco Master, Banco Master de Investimento and Banco Letsbank. The total amount to be paid in guarantees amounts to R$40.6 billion.
