US EditionBrazil Supreme Court authorizes freezing of investor Nelson Tanure's assets
Approximately R$5.7 billion in assets linked to Nelson Tanure were frozen by Brazil's Supreme Court amid an investigation into Banco Master's liquidation and alleged financial irregularities.
- On January 19, 2026, Brazil’s Supreme Court Justice Dias Toffoli authorised the Prosecutor-General's Office to freeze Nelson Tanure’s assets tied to the Banco Master investigation.
- Rapid growth at Banco Master prompted scrutiny as Brazil’s Central Bank ordered liquidation on November 18, 2025, citing a severe liquidity crisis and rule violations after issuing high-yield debt marketed as covered by FGC.
- Courts have authorised review of records tied to 101 people and companies, seizing materials and freezing roughly R$5.7 billion as investigators allege Nelson Tanure was a 'hidden partner', which his lawyer Pablo Naves Testoni disputes.
- Reimbursements began on January 19, 2026 through the FGC, with potential repayments near R$40.6 billion for roughly 800,000 investors and a R$250,000 coverage cap per account.
- Pressure to remove the justice has increased, but precedent makes removals unlikely, and Dias Toffoli, the rapporteur, kept the probe at the Supreme Court, ordering a confrontation hearing in late December.
21 Articles
21 Articles
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Why A Supreme Court Recusal Fight Keeps Brazil’s Bank Scandal On The Front Page
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Brazilian Judge Orders Tanure’s Assets Frozen in Banco Master Probe
Brazil Supreme Court Justice Dias Toffoli authorized the freezing of assets belonging to investor Nelson Tanure as part of an investigation into Banco Master SA, according to a Jan. 6 decision unsealed by the court on Friday.
Brazil Supreme Court authorizes freezing of investor Nelson Tanure's assets
Brazil's Supreme Court Justice Dias Toffoli has allowed a prosecutor's request for banks to freeze assets belonging to Brazilian entrepreneur Nelson Tanure due to an investigation into lender Banco Master, according to a document made public last Friday.
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