Brazil top court panel keeps Banco Master owner Vorcaro in jail


Demonstrators from the right‑wing group Movimento Brasil Livre (MBL) hold a banner reading "Vorcaro in Jail" depicting businessman Daniel Vorcaro as they protest outside Banco Master against alleged scandals, calling for investigation and accountability, in Sao Paulo, Brazil, January 22, 2026. REUTERS/Amanda Perobelli

SAO ⁠PAULO, March 13 (Reuters) - ⁠The majority ‌of a panel of Brazil's Supreme Court ​voted on ⁠Friday to ⁠keep the owner ⁠of ‌liquidated lender ⁠Banco Master, Daniel Vorcaro, ​in ‌jail.

The businessman was ⁠detained ​earlier this month after ⁠a judge cited "strong ​indication" that Vorcaro attempted to bribe ⁠a former central bank director with gifts ​in ⁠return for preferential ​treatment.

(Reporting ‌by Isabel Teles; ​Editing by Gabriel Araujo)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Iran's Revolutionary Guards vow response to US attack on Larak island
"Spider-Man: Brand New Day" tops North American box office for 5th straight weekend
Explosion heard near Iran's Larak Island, Fars news agency reports
Swiss police launch nationwide manhunt after fatal shooting at Aarau Rave
Ukraine's former defence chief seeks US investment for defence tech fund, FT reports
Germany's Merz says victory for AfD in Saxony-Anhalt would deter foreign investors
Merz says Germany finalising response to suspected Leipzig attack
Bratislava airport handles record 3 million passengers in 2026
NASA launches Roman Space Telescope on cosmic mapping mission
At least eight die, 18 missing after ferry capsizes off North Cyprus

Others Also Read