This Wednesday (4), the Federal Police arrested banker Daniel Vorcaro, owner of Banco Master, in the third phase of Operation Compliance Zero, which investigates suspected irregularities in the bank’s management.
Four preventive arrest warrants and 15 search and seizure warrants in São Paulo and Minas Gerais were issued by the Federal Supreme Court (STF). The investigations had the support of the Central Bank of Brazil.
Orders were also ordered for removal from public positions and seizure and freezing of assets, in the amount of up to R$22 billion, with the aim of interrupting the movement of assets linked to the investigated group and preserving values potentially related to the illegal practices found.
This is the first action authorized by the STF minister, André Mendonça, after he took over reporting on the case.
