Daniel Vorcaro sold a majority stake in Viking Participações, a holding known for owning jets including one intended for his escape, shortly before his arrest as investigations intensified.
Two months prior to his arrest, former banker Daniel Vorcaro sold 55% of his major company, Viking Participações, to an investment fund managed by Reag. He stepped down from his role as the administrator of the firm, handing over the position to a former dispatcher from Nova Lima (MG). Viking has gained notoriety for being the owner of three aircraft used by Vorcaro, including the jet he planned to use for fleeing the country on the day of his arrest on November 17, but which ultimately did not take off as he was apprehended. He was released 12 days later.
Investigators have estimated the value of this private jet, a Falcon 7X, to be around R$ 200 million. The timing of the sale is critical, as it was made official by the commercial board in September 2025, coinciding with a significant crisis facing Vorcaro's banking institution. Earlier that month, the Central Bank rejected the acquisition of the Master bank by BRB, followed by news that the Federal Police had launched an investigation against the bank. This unfolding scenario suggests that Vorcaro's actions might have been a strategy to distance himself from potential legal repercussions and financial liabilities.
The implications of this sale indicate a potentially elaborate maneuver by Vorcaro to protect his assets amidst a declining reputation and mounting legal troubles. The involvement of a private equity fund in this transaction further raises questions regarding the motivations and future actions of both parties, as well as oversight by financial regulatory authorities, especially in an environment where the scrutiny of banking practices is intensifying. This case epitomizes the intersection of finance and law, reflecting broader issues concerning the corporate governance and accountability in Brazil's financial landscape.
