Vorcaro cites “war strategy” with DF governor before BC veto
Messages obtained by the Federal Police indicate that businessman Daniel Vorcaro, founder of Banco Master, mentioned the development of a “war strategy” in Brasília a few days before the Central Bank blocked the sale of the institution to Banco de Brasília (BRB).
The content of the conversation was extracted after the banker’s breach of confidentiality and forwarded to the INSS Joint Parliamentary Commission of Inquiry (CPMI) by decision of Minister André Mendonça, of the Federal Supreme Court (STF), rapporteur of the case. The information was published by CNN Brazil.
According to records, Vorcaro sent the message to his girlfriend on September 29, 2025, reporting that he was in the federal capital “with the governor” discussing the next steps in the negotiation.
“From Monday onwards we will go on the attack”, wrote the businessman, without directly mentioning the name of the governor of the Federal District, Ibaneis Rocha (MDB).
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At that time, Banco Master was trying to advance negotiations to be acquired by BRB, a financial institution controlled by the Federal District government. The operation, however, would end up being blocked by the Central Bank a few days later.
On September 3 of that year, the BC vetoed the transaction, a decision that was followed by a public statement from the BRB classifying the purchase as strategic for the bank.
Conversations under investigation
The material was gathered by the Federal Police as part of investigations related to Banco Master and shared with the INSS CPMI. The sending occurred after authorization from Minister André Mendonça, responsible for the process at the Supreme Court.
In a statement given to the PF in December, Vorcaro stated that he had some conversations with Ibaneis Rocha about the attempted sale of the bank. According to the businessman, the contacts occurred “on a few occasions”.
In the same hearing, the banker reported having visited the governor’s residence and stated that Ibaneis was also at his house in meetings that he classified as institutional.
The attempted sale of Banco Master to BRB occurred months before the financial institution entered the center of investigations conducted by the Federal Police as part of Operation Compliance Zero, which investigates suspicions of financial fraud involving the bank and its controller.
