BRB Transferred R$ 12.2 Billion to Master Even After Internal Alerts
8 Articles
8 Articles
The government of the Federal District has asked Minister André Mendonça of the Supreme Federal Court (STF), to determine the prohibition of circulation in the financial system of the R$ 12.2 billion that the state bank of Brasília, the BRB, has paid to acquire rotten titles of the Master, and that this value is fully returned to the BRB. The request was submitted on August 25 and treats the BRB as "victim". The request was made within the frame…
Federal Police (PF) report details how BRB ignored alerts and set up a structure to validate fraudulent operations with Master
For PF, operations were intended to give Vorcaro Bank survival during the merger process with the BRB
The Federal Police revealed details of an investigation that points to a transfer of R$ 12.2 billion from the Bank of Brasilia (BRB) to the Master Bank through the purchase of credit cards considered suspicious. The information came to the public after the removal of the secrecy of the case by decision of Minister Edson Fachin, of the Supreme Court [...]
Investigations reveal that the institution continued to acquire loans without proof of ballast. Read on Power360.
Guarantee Fund paid in the year, until September, R$ 51.2 bi to 2.5 million clients of banks in liquidation, R$ 40.5 bi only from Master
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