Vorcaro denies political assistance and claims that the ankle monitor and imprisonment are proof of a lack of influence.

247 -  Daniel Vorcaro, owner of Banco Master, testified to the Federal Police in late December 2025 in the investigation into alleged financial fraud linked to the institution. The videos of the hearings were made public following a decision by Minister Dias Toffoli of the Supreme Federal Court, who lifted the confidentiality of these parts of the investigation. 

During questioning conducted by investigator Janaina Palazzo, Vorcaro was asked about his alleged political influence and relationships with public authorities in the context of the attempted sale of Banco Master's assets to Banco de Brasília (BRB).If I had so many political connections, as they're saying, and if I had asked for help from those politicians, I wouldn't have had the BRB operation denied, I wouldn't be here with an ankle monitor, I wouldn't have been arrested, and my family wouldn't be suffering what we're suffering now.“Vorcaro stated in one of the most forceful moments of his testimony.

The banker explicitly denied soliciting support from politicians to further his interests or to interfere with the Central Bank (BC) in an attempt to finalize the sale of Master to BRB, a negotiation that ultimately fell through when the monetary authority rejected the operation, considering that there was a risk to the National Financial System.

 Vorcaro also commented that, despite allegations of influential political connections, his negotiations with BRB were conducted "technically within the Central Bank," reinforcing his version that there was no facilitation or favoritism through political contacts. Furthermore, the businessman confirmed that he had meetings with the governor of the Federal District, Ibaneis Rocha (MDB), emphasizing, however, that these conversations were motivated by his position as indirect controller of BRB and not with the objective of influencing official decisions.

 Vorcaro's testimony also included other important denials: he refused to provide investigators with his cell phone password, claiming he wanted to preserve "personal and private relationships," and reiterated his position that he did not commit fraud in managing the bank. 

According to the court records, the context of the accusations involves Operation Compliance Zero, launched by the Federal Police in November 2025 to investigate alleged irregularities at Banco Master, which was facing a serious liquidity crisis. The extrajudicial liquidation of the institution was decreed by the Central Bank, and Vorcaro was even preventively arrested before the arrest was converted to house arrest, with the use of an electronic ankle bracelet. 

The investigation, which is being processed by the Supreme Federal Court (STF) due to the possible involvement of authorities with privileged jurisdiction, remains under seal, with further testimonies and supplementary investigations awaiting progress. 

If the Attorney General's Office (PGR) files charges against those involved, the process could evolve into a criminal case in the Supreme Court, where the accusations and defenses presented within the scope of the investigations into the financial system will be analyzed.