Gilmar Mendes Demands Investigation into Judicial Debts and Banco Master

Minister Gilmar Mendes requests a thorough review of judicial debts and denounces an irregular business model involving Banco Master and early payments from the Union.

Gilmar Mendes Demands Investigation into Judicial Debts and Banco Master

TL;DR

  • Minister Gilmar Mendes is demanding a thorough review of judicial debt (precatórios) releases by the CNJ and STJ.
  • He suspects a parasitic scheme involving Banco Master and law firms that profit from early payments before legal processes are finalized.
  • The practice of paying precatórios before the definitive end of legal actions, known as 'trânsito em julgado,' is criticized as unconstitutional.
  • Banco Master allegedly used judicial credits against the Union as collateral to raise funds, focusing on sugar and alcohol sector debts.
  • A dispute exists over how to calculate compensation for sugar mills, with some wanting to use older, more predictable calculations.
  • Mendes requested the immediate suspension of precatórios payments before case closure, improved rules for debt commercialization, and investigations into involved parties.