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September 15, 2026
Mendonça Opens Vorcaro Records, but Full Financial Trail Remains Restricted
Brazil’s Supreme Court has lifted secrecy from records tied to Daniel Vorcaro and Banco Master, amid calls for transparency. Yet reports from across the political spectrum say investigators still lack complete access to the financial data.
Supreme Federal Court Justice André Mendonça lifted secrecy from a case containing financial-intelligence records on people and companies connected to the Banco Master investigation, whose central figures include former banker Daniel Vorcaro. The decision followed a request by Chief Justice Edson Fachin, backed by the Prosecutor General’s Office after a request from Justice Alexandre de Moraes.1
Accounts from both Brazil’s right- and left-leaning media frame the ruling as an important transparency measure, but differ in emphasis. The right-leaning report focuses on the institutional dispute and says some documents may remain confidential because the file contains numerous names, including people who may have privileged jurisdiction. It says investigators believe full disclosure could map the alleged movement of money through the wider Master scheme, including possible layers of transfers.1
The left-leaning account stresses the limits of the opening. It reports that the Federal Police told Mendonça that a Coaf financial-intelligence report refers to at least 303 individuals and 520 companies, but that the complete list of direct recipients of payments from Vorcaro has not been released. Police argued that unrestricted access was necessary to prevent “gaps in financial tracing” and procedural risks, while full disclosure had not yet been authorized.2
Both reports point to transactions involving Igreja Batista da Lagoinha, managed in Belo Horizonte by Fabiano Zettel, Vorcaro’s brother-in-law. They cite Coaf data showing R$19.2 million transferred by Zettel to the church between December 2024 and 2025, alongside other transactions flagged as atypical. The right-leaning report puts the church’s total movement at R$57.1 million and says the records include R$28.5 million in credits; the left-leaning report cites roughly R$28 million transferred directly to its account.1 Neither account presents the transactions themselves as proof of wrongdoing, and both say the church was contacted for comment.