Grupo que acompanha caso do Banco Master vota requerimentos – 10/2/26

Opening Remarks and Context of the Meeting

Introduction to the Meeting

• The meeting is initiated with a brief mention of procedural aspects, indicating a focus on reading requirements and returning to previous discussions.

Purpose of the Commission

• The commission aims to analyze media-reported facts and ongoing investigations by the Federal Police regarding the Master Bank fraud, as per Normative Instruction No. 1 of 2026 from the Economic Affairs Committee.

Overview of the Master Bank Fraud

Description of the Fraud

• The billion-dollar fraud at Master Bank has alarmed the nation, likened to an endless cycle of scandals that grow increasingly severe. This situation reflects a transformation from financial illusionism to outright piracy.

Impact on Investors

• Investors are portrayed as victims in this scenario, while public authorities are depicted as complicit in enabling criminal activities within financial markets. The need for accountability is emphasized.

Call for Transparency and Accountability

Investigative Intentions

• The commission expresses its commitment to uncovering those responsible for financial misconduct without bias or predetermined targets, emphasizing collaboration with various investigative bodies.

Public Assurance

• A reassurance is given that this commission will not shield any parties involved in causing significant harm to millions of Brazilians, particularly concerning pension funds and investments over 250 thousand reais that were falsely guaranteed.

Collaboration with Authorities

Engagement with Key Figures

• Recent meetings have been held with leaders from both the Tribunal de Contas da União and Banco Central do Brasil, who have shown willingness to provide necessary information regarding ongoing investigations into Master Bank's operations.

Upcoming Meetings Scheduled

• Future engagements include discussions with representatives from the Federal Police and Supreme Court aimed at fostering transparency and cooperation in addressing these issues effectively.

Legislative Proposals for Financial Oversight

Legislative Goals

• There is an intention to propose new legislation aimed at strengthening financial oversight mechanisms within Brazil’s banking system following recent abuses by organized crime using financial institutions for illicit purposes.

Constitutional Obligations

• The commission underscores its constitutional duty to investigate Master Bank's activities, highlighting their authority under complementary law 105/2001 which allows them access to confidential information if necessary.

Specific Requests for Information

Formal Requests Made

• Several formal requests are outlined for key individuals associated with Master Bank's liquidation process, including former executives and regulatory officials, ensuring comprehensive inquiry into all relevant aspects surrounding the bank's collapse.

List of Individuals Requested:

• Augusto Lima: Former partner at Master Bank.

• Otto Ludo: Interim president of CVM.

• Andrei Augusto Passos Rodrigues: Director-General of Federal Police.

• Ailton Diakino Santos: Director of Banking Supervision at Banco Central.

• Paulo Sérgio Neves de Souza: Former director at Banco Central.

This structured approach ensures clarity on each aspect discussed during the meeting while providing direct links back to specific timestamps for further reference or review.

Discussion on Central Bank and Information Requests

Overview of the Meeting

• The speaker expresses satisfaction with the evolution of discussions at the Central Bank, highlighting participation from various committee members and directors.

• Two information requests are mentioned, one directed to the President of the Central Bank, which has already been submitted for consideration by the committee.

Information Requests Submitted

• Another request is made for information to be sent to the Tribunal de Contas da União (TCEU), indicating that this has also been delivered in person.

• A request for public hearings is proposed, involving key figures such as the president of CVM and academics.

Public Hearings and Additional Requests

• The need for public hearings is reiterated, emphasizing their importance in gathering insights from relevant authorities like BRB's interim president.

• A second request for information directed at both BRB and CVM is noted, prioritizing testimony from CVM's interim president after Carnival.

Committee Actions and Responsibilities

Proposed Additions to Invitations

• Senator Leila suggests inviting legal representatives from BRB alongside former directors to provide clarity on financial matters.

• A new request is introduced by Senator Amin regarding Jacques Maurício Veloso’s attendance at a future meeting.

Voting on Requests

• The committee votes on all presented requests collectively; all are approved without opposition.

Importance of Protecting Financial Institutions

Addressing Concerns about Central Bank

• The speaker emphasizes that attacks against institutions like the Central Bank are unwarranted and stresses their responsibility towards maintaining financial system integrity.

Strengthening Public Confidence

• There’s a call to initiate discussions with the Central Bank first to reassure investors about its stability amidst ongoing market concerns.

Legislative Considerations Moving Forward

Legislative Changes Needed

• It’s highlighted that misinformation surrounding banks needs addressing; there’s an emphasis on demonstrating that strong institutions can withstand scrutiny.

Future Testimonies

• Plans are made to invite Gabriel Galípolo for discussions regarding necessary changes in credit guarantee systems affecting investor protection.

Need for Transparency and Accountability

Accessing Relevant Information

• The necessity of accessing accurate data is stressed as crucial for determining legislative actions moving forward.

Closing Remarks

• Emphasis placed on understanding who violated existing laws as part of improving oversight mechanisms within financial institutions.

Discussion on the Role of Banco Máster Directors

Prioritizing the Presence of Banco Máster Directors

• The speaker emphasizes the importance of inviting directors from Banco Máster to participate in discussions, highlighting that their insights are crucial for a technical debate within the commission.

• The speaker believes that this commission serves as an ideal platform for understanding detailed information and nuances related to the bank's operations and liquidation processes.

Invitation to Owners of Banco Máster

• The speaker extends an invitation to Daniel Vorkaro and Augusto Lima, owners of Banco Máster, encouraging them to present their perspectives before the commission.

• It is noted that having the owners present is essential for advancing discussions with impartiality and security, ensuring all viewpoints are considered.

Suggestion for Additional Invitations

• The speaker mentions the significance of relationships between bankers and various power agents over recent years, particularly in relation to the growth of Banco Máster.

• A suggestion is made to invite Roberto Camposnetto at an appropriate time, indicating a desire for comprehensive dialogue involving key stakeholders.