The Federal Police rejected continuing the process after assessing that the founder of Master omitted information
The (Attorney General’s Office) is still analyzing the proposal for a plea bargain from the founder of Banco Master . The PF (Federal Police) when assessing that he omitted information.
The Prosecutor’s Office has the prerogative to conduct negotiations independently and can continue negotiations even after the rejection of the PF.
At the beginning of the month, Vorcaro’s defense to the PF and PGR the document in which he undertakes to return R$40 billion, but with payment in installments over 10 years. The assessment in (Supremo Tribunal Federal) was that the deadline was “very elastic”which would make it difficult to immediately restore public coffers.
Until then, the strategy of Vorcaro’s lawyer, known as Juca, was to buy time to try, over the next few months or years, to reverse the process. The defense’s plan consisted of finding loopholes in the investigation to allege possible procedural nullities that could benefit the businessman.
Both in the STF and in the PGR there was already dissatisfaction with the way Juca had been presenting the collaboration proposal. The technical assessment was that excessive installments reduce the effectiveness of asset recovery, one of the pillars of the whistleblower law.
An initial analysis by the PF and PGR on the usefulness of the data and information is necessary to eventually forward the agreement for approval by the STF.
