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[SITUATION] · [ACTIVE] · [POLITICS]

2 clusters · 8 sources · 10 days · First seen · Last updated

Scrutiny of Instituto Iter and André Mendonça

Overview

Instituto Iter, an organization founded by Supreme Federal Court Justice André Mendonça, has faced scrutiny regarding its financing and public contracts.

In April 2024, the institute received approximately R$ 5.2 million from Cedro Participações via a convertible loan agreement. The transaction involved businessman Lucas Kallas, a partner of a former Banco Master controller. While the institute claims the funds were used solely for structuring and that Mendonça did not participate in negotiations, questions have been raised about the timing of the debt repayment, which occurred shortly before Mendonça was assigned as rapporteur for investigations involving Banco Master.

Additionally, investigations revealed that the institute secured R$ 10.7 million in public contracts over roughly two years, largely through direct hiring processes. This includes a R$ 380,000 contract with the São Paulo municipal government for employee training, signed without a bidding process. Although the institute maintains that Mendonça and his wife left the partnership without financial compensation or dividends, the rapid growth of these contracts has drawn attention.

Entities

Instituto Iter · André Mendonça · Ricardo Nunes · Cedro Participações · São Paulo

Timeline

  1. 3 days ago

    [POLITICS] 6 sources
    Instituto Iter received R$ 5 million from Cedro Participações

    Instituto Iter, founded by Justice André Mendonça, received R$ 5.2 million from Lucas Kallas's Cedro Participações, raising questions regarding potential conflicts of interest.

  2. 12 days ago

    [POLITICS] 2 sources
    Instituto Iter founded by André Mendonça secures R$ 10.7 million in public contracts

    Instituto Iter, founded by STF Justice André Mendonça, has secured R$ 10.7 million in public contracts via direct hiring, including a recent R$ 380,000 agreement with the São Paulo municipal government.

Sources

brasil247.com · brasilemfolhas.com.br · diariodocentrodomundo.com.br · hopkinsmedicine.org · horadopovo.com.br · ocafezinho.com · sosbrasilsoberano.org.br · srzd.com