The case has exposed a rift between Brazil's top investigative bodies over the content of the testimony. Vorcaro claims an aide to Prosecutor-General Paulo Gonet expressed surprise at reports of cash payments to the Lula Institute, while the Federal Police deny that the banker provided any deposition containing those specific allegations. The PGR maintains that collaboration proposals were received formally. President Lula has previously called for the Banco Master scandal to be investigated regardless of who it may implicate.
Tuesday, October 20, 2026
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Vorcaro's R$ 30 Million Illegal Lula Film Claim Sparks Brazil's PGR Dispute
World11 days ago
Leaked audio recordings published by the magazine VEJA reveal claims by former banker Daniel Vorcaro of making illegal payments to finance a documentary focused on Brazilian President Luiz Inácio Lula da Silva. Vorcaro alleged he paid approximately R$ 30 million in clandestine funds, while asserting that sponsorship for a film about Jair Bolsonaro was regular. The recordings also describe a scheme of million-dollar commissions to facilitate access for Banco Master to pension fund resources. Producers at Dark Horse deny the transfers, and officials at the Prosecutor General's Office (PGR) have not moved forward with Vorcaro's bid for a cooperation agreement.
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