The Workers’ Party released a video, this Sunday (26), in which it tries to associate senator Flávio Bolsonaro (PL-RJ), pre-candidate for the presidency of the Republic, with the Banco Master scandal. In the video, which is beginning to circulate on Bolsonaro and PT profiles, the speaker uses the expression “bolsomaster” to refer to the case and states that Flávio Bolsonaro had received a “R$6 million mansion in Brasília” as part of the scheme.
“Flávio Bolsonaro is part of the scheme, the rachadinhas scheme, which diverted millions of reais from Alerj, a money laundering scheme with the purchase of 51 properties in cash, a scheme involving militiamen who worked in his office. And the Bolsonaro scheme, which yielded this R$6 million mansion for Flávio in Brasília. If in doubt, google it. Flávio is Bolsonaro’s most corrupt son”, he says.
Despite the statement, senator Flávio Bolsonaro is not investigated in the Master case and there is no information that the mansion he bought in the federal capital is related to the scheme led by banker Daniel Vorcaro.
The property was purchased in 2021, with financing from BRB, the state bank of the Federal District. The purchase of Master’s credit portfolios by BRB began in 2024, and the proposed purchase of Master by the public bank took place in 2025.
When contacted, Flávio Bolsonaro’s advisor did not return. The space for demonstrations remains open.
The video was released to supporters during the 8th PT National Congress, in Brasília. The party recalls that Master was authorized to operate in 2019, during the Jair Bolsonaro government, and that Vorcaro’s brother-in-law, Fabiano Zettel, donated R$5 million to the campaigns of Tarcísio de Freitas, governor of São Paulo, and to Jair Bolsonaro himself.
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“Let’s put our cards on the table. Daniel Vorcaro was authorized to operate the Master bank in 2019, by the Bolsonaro government. Fabiano Zettel, Master’s partner, handed over R$5 million to Bolsonaro and Tarcísio de Freitas’ campaigns. And the governor who tried to cover up these frauds helped buy the mansion from whom? Flávio Bolsonaro. Did you understand the scheme? Master bank is Bolsonaro”, says the video.
Mantega took Vorcaro to Lula
The Master bank scandal has led PT and Bolsonaro supporters to accuse each other. The bank was authorized to operate in 2019, during the Bolsonaro government, but it was during the Lula period that it reached its largest size, in 2024.
Former Finance Minister, Guido Mantega, provided consultancy services to Vorcaro worth R$14 million and even took him to a meeting with President Luiz Inácio Lula da Silva. Lula, however, called the president of the Central Bank, Gabriel Galípolo, and told Vorcaro that the analysis of Master’s purchase by BRB would be strictly technical.
Mantega said, in a note, that he provided “financial economic consultancy” for Banco Master in 2024 and part of 2025. “When I signed the contract I was not aware of any irregularity possibly committed by this financial institution”, says the note from the former minister.
The family office of Lula’s former Justice Minister Ricardo Lewandowski also provided services to Master worth R$6.1 million. In a note, the team of the retired minister of the Federal Supreme Court (STF) stated that, after leaving the Supreme Court, in April 2023, he “returned to his legal activities. In addition to several other clients, he provided legal consultancy services to Banco Master”.
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This Sunday, the 26th, the 8th Congress approved a document with guidelines for 2026 that did not include the Master case. Vorcaro’s bank was mentioned in an excerpt that defended the reform of the financial system. The excerpt was deleted in the final version.
The party president, Edinho Silva, explained that the Master case was debated during Congress and also the INSS case. But the two themes are not mentioned in the final text.
