PF Resumes Key Banco Master Hearings at STF as Toffoli Weighs Jurisdiction

Overview

• Eight depositions are scheduled for January 26–27 at the Supreme Court, with BRB executives and Banco Master officers testifying in sessions split between videoconference and in person.
• The probe stems from Operação Compliance Zero into suspected fraudulent and reckless management and criminal organization tied to about R$12.2 billion in non-existent credit portfolios sold to BRB.
• Minister Dias Toffoli directed the PF to compress six planned hearing days into two and initially limited access to seized data before authorizing PF forensics under experts he appointed.
• Toffoli’s handling faces scrutiny after reports on his family’s links to the Tayayá resort and a Lima trip with a lawyer tied to a target, while his office says decisions aligned with PF and PGR requests and notes the PGR rejected bids to remove him.
• Institutional pressure is rising as STF president Edson Fachin defends the Court and advocates a conduct code, and the Senate’s PEC 39/2024 proposes a channel for disciplinary complaints against justices.