Today: January 21, 2026
January 21, 2026
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Toffoli schedules depositions in the Master case for January 26th and 27th

Toffoli sets up a confrontation with those investigated in the Banco Master case

Federal Supreme Court (STF) minister Dias Toffoli scheduled testimonies in the investigation investigating suspected fraud involving Banco Master for January 26th and 27th. In the same decision, the rapporteur authorized the defenses’ access to the investigation files, which are under secrecy.Toffoli schedules depositions in the Master case for January 26th and 27th

The hearings will be held at the STF headquarters, in Brasília, with part of the testimony via videoconference.

Last week, Toffoli determined that the interrogations were concentrated in just two days, and not in the six initially requested by the Federal Police (PF). The minister cited staffing limitations and lack of availability of courtrooms to extend the period for testimony.

The minister is the rapporteur of the investigation that investigates crimes such as fraudulent management, reckless management and criminal organization, related to the sale of supposedly non-existent credit portfolios from Banco Master to Banco de Brasília (BRB).

Testimonials on January 26

  • Dario Oswaldo Garcia Junior, financial director of BRB: video conference
  • André Felipe de Oliveira Seixas Maia, director of the investigated company: video conference
  • Henrique Souza e Silva Peretto, businessman: video conference
  • Alberto Felix de Oliveira, executive superintendent of Treasury at Banco Master: video conference

Testimonials on January 27th

  • Robério Cesar Bonfim Mangueira, superintendent of Financial Operations at BRB: in person
  • Luiz Antonio Bull, director of Risks, Compliance, HR and Technology at Banco Master: in person
  • Angelo Antonio Ribeiro da Silva, partner at Banco Master: video conference
  • Augusto Ferreira Lima, former partner at Banco Master: in person

Banco Master’s controller, Daniel Vorcaro, will not be heard at this time. He gave a statement to the PF on December 30 and participated in a confrontation with the former president of the BRB, Paulo Henrique Costa, who is also unlikely to be heard again at this stage.

Investigation and next steps

The hearings were initially scheduled to take place from January 23rd to 28th, but the schedule was revised after Toffoli’s determination. The minister asked the PF for a concentrated calendar and ordered the Judicial Secretariat of the STF to reserve rooms and servers to carry out the depositions.

The inquiry reached the Supreme Court at the end of 2025 and gained new momentum after decisions by Toffoli that involved the reorganization of the expertise of the material seized in Operation Compliance Zero. The evidence will be analyzed with monitoring by the Attorney General’s Office (PGR) and access by the Federal Police.

The investigation remains confidential, and all steps depend on direct authorization from the rapporteur.

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