Brazil top court panel keeps Banco Master owner Vorcaro in jail

Demonstrators from the right‑wing group Movimento Brasil Livre protest against businessman Daniel Vorcaro outside Banco Master in Sao Paulo
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
Source: 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.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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