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

Pentagon chief says he's eager for Trump ally to buy CNN as he blasts war coverage
Brazil's jailed ex-president Bolsonaro hospitalized in ICU with pneumonia
Brazil to revoke Trump adviser Beattie's visa, source says
Greenland's Siumut party withdraws from governing coalition
Poland presses on with EU defence plan despite president's veto
All six US service members killed in plane crash over Iraq
US veteran flees ahead of US trial over failed 2020 Maduro ouster plot
Hegseth says US military has designated officer to complete probe on Iran school strike
France's position in Middle East is defensive, Macron says, after attack on its soldiers
Paris mayoral race tests support for green transformation

Others Also Read