Minister Dias Toffoli from Brazil's Supreme Federal Court (STF) issued a public statement clarifying his role in the private company Maridt and denying any connections, whether personal or financial, to Daniel Vorcaro, who owns Banco Master and is under investigation by the Federal Police. This clarification comes at a time of scrutiny regarding the business dealings of public officials.

The statement detailed that Maridt is a family-run entity organized as a closed capital joint-stock company, which has complied with all regulatory requirements and tax obligations as per the Brazilian Federal Revenue. It emphasized the legitimacy of the company's declarations and acknowledged Toffoli's administrative role, while pointing out that his relatives handle day-to-day management. As per Brazilian law, magistrates are prohibited from engaging in direct management, hence Toffoli's role aligns with legal stipulations.

This public clarification appears to be a strategic move by Minister Toffoli to dissociate from any potential conflicts of interest in light of ongoing investigations into Vorcaro and Banco Master. The implications of this situation could extend beyond personal reputations, potentially affecting perceptions of judicial integrity in Brazil as the public closely monitors the conduct of its judicial leaders amidst controversies involving financial institutions.