Banco Master and Will Bank auction office assets to pay creditors

An auction of 445 lots of furniture, electronics, and office equipment belonging to Banco Master and Will Bank took place on Monday via the Kwara platform. The proceeds from the sale are intended to pay creditors of the institutions, which are currently undergoing extrajudicial liquidation.

High-value items included a set of approximately 20 Herman Miller Cosm Média chairs sold for R$ 100,120, a Tetê armchair sold for R$ 47,780, and an Artefacto Pietra bar box that reached R$ 42,600. Other significant sales included two paintings for R$ 40,020 and a 98-inch LG television for R$ 14,750.

The auction also featured more modest items, such as a Cadence sandwich maker sold for R$ 157 and various monitors and office accessories. The assets are linked to banker Daniel Vorcaro.