Brazil Supreme Court Minister André Mendonça authorizes asset tracing of Banco Master abroad

Supreme Court minister André Mendonça signed an order in May 2026 allowing international legal cooperation to investigate alleged fraud at Banco Master and its connections with Banco de Brasília (BRB). The decision, made public on 28 July 2026, permits the Federal Police and the Ministry of Justice’s Department of Asset Recovery and International Judicial Cooperation (DRCI) to request information from foreign authorities about assets, accounts, companies and transfers linked to businessman Daniel Vorcaro and other suspects.

The authorization does not impose immediate seizure or repatriation of assets; it merely opens channels to locate and examine holdings outside Brazil. The move expands the scope of Investigation 5.026, part of the broader Operation Compliance Zero probe into financial irregularities involving Banco Master and a potential acquisition of a private bank by the Federal District government. The specific foreign jurisdictions to be addressed have not been disclosed.

The measure aims to confront possible concealment strategies by matching Brazilian investigative documents with records held abroad, strengthening the case against the alleged fraud scheme.