Delays in Operation Compliance Zero postpone conclusion of the Banco Master inquiry
The Federal Police suffers from a series of postponements of testimonies, and the Banco Master investigation is expected to extend until 2027 due to the electoral calendar.
TL;DR
- Operation Compliance Zero, investigating billion-dollar fraud by Banco Master and BRB, faces significant delays.
- Key testimonies from figures like André Esteves and Roberto Campos Neto have been postponed due to defense claims of lack of access to documents.
- Investigative delays are attributed to both legal justifications and the influence of the 2026 political election calendar.
- The Federal Police is working to reconstruct meetings and communications to determine if there was illegal favoritism towards Banco Master.
- Daniel Vorcaro, owner of Banco Master, testified after seven months of arrest, but the investigation still requires an additional 60 days for completion.
- The inquiry's conclusion is now anticipated for 2027, extending beyond the original August 2026 deadline.