Feb 9 • 12:30 UTC 🇧🇷 Brazil G1 (PT)

CAE should ask to share confidential data from the Master case

The Senate's Economic Affairs Committee in Brazil plans to request the sharing of confidential documents related to the Master Bank case during a meeting with federal law enforcement and the Supreme Court president.

In a significant development regarding the investigations surrounding Brazil's Master Bank, the Senate's Economic Affairs Committee (CAE) is set to request the sharing of confidential data associated with the case. This decision comes as the Supreme Court's rapporteur, Dias Toffoli, maintains strict confidentiality over information regarding Master Bank and Daniel Vorcaro, an individual linked to the case. The request for data sharing is expected to occur during a vote on various requests on Wednesday, November 11, as the committee aims to ensure transparency in the ongoing investigations.

On the same day as this vote, the CAE will engage with federal law enforcement officials, including the direction of the Federal Police and the President of the Supreme Court, Edson Fachin, indicating a thorough collaborative approach towards the investigation. The creation of a working group by the Senate on January 15 signified a proactive move to oversee the investigations into alleged irregularities associated with Master Bank, allowing them to summon authorities and conduct institutional visits, thereby deepening the inquiry's thoroughness.

Senator Renan Calheiros (MDB-AL), who presides over the CAE, emphasized the urgency of obtaining these confidential documents to prevent any obstruction in the investigations. Calheiros expressed a firm stance against allowing this case to be silenced, advocating for a decisive vote on the sharing of data. The call for transparency reflects broader concerns regarding accountability in financial institutions and oversight of regulatory processes in Brazil, especially in light of past scandals involving banking irregularities.

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