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Up to R$760k monthly allowances, front contracts and international trips: how Vorcaro paid Banco Central servers for informationPhoto by Maximilianovich on Pexels
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Madeira

Up to R$760k monthly allowances, front contracts and international trips: how Vorcaro paid Banco Central servers for information

oglobo13 September 2026 at 08:00

Banco Central servers Paulo Sérgio Neves de Souza and Belline Santana, both heads of the Banking Supervision Department (Desup), received at least R$6.8 million for the "informal advisory" services provided to banker Daniel Vorcaro, owner of Banco Master. The information was revealed through a Federal Police investigation.

The two servers guided Vorcaro on the arguments he should use to defend Master's business in meetings with the then president of the Banco Central, Roberto Campos Neto, as well as other directors of the institution. The pair also informed Vorcaro about the names of police officers investigating him.

According to the investigation, payments were made through monthly allowances of up to R$760,000, front contracts, and international trips. The PF report was sent to the Supreme Federal Court (STF).

On Thursday night (10th), Minister André Mendonça removed the secrecy from the investigations related to the Master case, following a request from the Court president, Edson Fachin.

Why this matters

The case exposes an alleged corruption scheme involving high-level Banco Central servers and a banker, raising questions about the integrity of the Brazilian financial system and banking supervision. The removal of secrecy by the STF indicates the case should advance judicially, potentially affecting trust in the regulatory body and national banking sector.

About this summary

This is our short summary of a report published by oglobo on 13 September 2026 at 08:00; the full text stays with the publisher. In our feed it sits under Politics, and it concerns Madeira. We currently carry 28919 items in that section.

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