Hugo Motta, the President of Brazil's Chamber of Deputies, has stated that the establishment of a Parliamentary Inquiry Commission (CPI) to investigate the Banco Master fraud is not a possibility. He emphasized that there is a process in place for such inquiries, indicating that there are already 16 requests for CPIs that need to be addressed in chronological order. Furthermore, he mentioned that the Chamber can only sustain five simultaneous CPIs at any given time, which complicates the introduction of new investigations such as that into Banco Master.

Motta acknowledged the pressure from opposition members as well as some center and left-wing factions to initiate an inquiry into the Banco Master fraud, but he reiterated that regulatory compliance must be maintained and that a specific, identifiable fact is necessary to move forward. Additionally, he defended the actions of Supreme Court Minister Dias Toffoli regarding the case, despite the suspicions revolving around Toffoli's connections with the Banco Master, as indicated by the Police Federal's findings on potential bias affecting the judge as the case's rapporteur.

This announcement comes at a time when scrutiny is heightened over financial institutions in Brazil, particularly regarding allegations of fraud and corruption. Motta's decision not to pursue further investigations through a CPI could be seen as an attempt to manage the political fallout and maintain stability within the Chamber amidst ongoing pressures from opposition factions demanding accountability in such scandals.