Federal Supreme Court (STF) minister Dias Toffoli released a statement this Wednesday to clarify information about his relationship with the Tayaya resort and to deny any friendship with businessman Daniel Vorcaro, owner of Banco Master. In the statement, the judge also stated that he never received money from the businessman or his brother-in-law, Fabiano Zettel.
According to the note, Toffoli was part of the corporate structure of Maridt, described as a “family company” constituted as a “closed capital company”. The minister informed, however, that his participation in the business has already been terminated.
“All acts and information by Maridt and its partners are duly declared to the Brazilian Federal Revenue Service without any restrictions”, states the statement.
Regarding the alleged closeness with Vorcaro, Toffoli denied any personal connection. “The minister never had any friendly relationship, much less an intimate friendship, with the investigated Daniel Vorcaro. Finally, the minister clarifies that he never received any amount from Daniel Vorcaro or his brother-in-law Fabiano Zettel”, says the note.
The demonstration occurs amid questions involving the minister’s relationship with private enterprises and businesspeople cited in investigations.
Check the note in full
Maridt is a family business, constituted as a limited liability company.
closed capital, provided for in Law 6,404/76, duly registered with the Board
Commercial and providing annual declarations to the Federal Revenue of Brazil. Your
declarations to the Federal Revenue, as well as those of its shareholders, have always been
duly approved.
Minister Dias Toffoli is part of the corporate structure, with the aforementioned company
administered by relatives of the Minister. In accordance with the Organic Law of
Judiciary, in article 36 of Complementary Law 35/1979, the magistrate may
join the corporate structure of companies and receive dividends from them, being
It is only prohibited to carry out management acts as an administrator.
This company was part of the Tayaya Ribeirão Claro group until the 21st of
February 2025. The previously existing participation was fully
closed through two successive operations, the first being the sale
of shares to the Arllen Fund, on September 27, 2021, and the second the sale
of the remaining balance to the company PHD Holding, on February 21, 2025.
It should be noted that everything was duly declared to the Federal Revenue Service.
Brazil and that all sales were made within market value.
All acts and information of Maridt and its partners are duly
declared to the Federal Revenue of Brazil without any restrictions.
The share relating to the purchase of Banco Master by BRB was distributed to the
Minister Dias Toffoli on November 28, 2025. That is, when there is
Maridt was no longer part of the Tayaya Ribeirão Claro group.
Furthermore, the Minister is unaware of the manager of the Arllen Fund, nor has he ever
had any friendly relationship, let alone an intimate friendship, with the
investigated Daniel Vorcaro. Finally, the Minister clarifies that he never received
any value from Daniel Vorcaro or his brother-in-law Fabiano Zettel.
Understand the case
The Federal Police asked the president of the Federal Supreme Court, Edson Fachin, for new investigations into Banco Master after identifying references to minister Dias Toffoli on banker Daniel Vorcaro’s cell phone. The documents were personally delivered to Fachin by the corporation’s general director, Andrei Rodrigues, in a meeting last Monday (9).
Investigators claim that some mentions deal with payments to Dias Toffoli. The Federal Police are investigating whether a company that was a partner in a fund linked to Master at the Tay-ayá Resort, in Paraná, had made transfers to the minister.
In the new document, the police ask for the suspicion of Toffoli as rapporteur of the investigations. In other words, it questions impartiality to the point where the minister can no longer act in the case as rapporteur. In a note released this Wednesday (11), Dias Toffoli’s office stated that the request is a question of conclusions and that the Federal Police does not have the legitimacy to do so. He also said that the minister will address the matter directly with Edson Fachin.
Within the STF, the understanding is that requests of this type must be authored by the Attorney General’s Office, which is the party responsible for analyzing the materials seized in operations. If the minister declared himself suspicious or impeached, all decisions on the Master case signed by him would be annulled and the investigation would start from scratch.
On Vorcaro’s cell phone, several citations to politicians since 2022 were also found, including deputies and senators with privileged jurisdiction – which could result in the investigation continuing in the STF and not being sent to the First Instance.
