Weekly Report - 12 March 2026 (WR-26-10)

BRAZIL: Lawmakers ramp up calls for inquiry into Banco Master

BRAZIL & SOUTHERN CONE by Abbi Dicker 12 March 2026 Modified: 12 March 2026 894 views

Members of congress have been piling pressure on Brazil’s supreme court (STF) by increasing their efforts to launch a congressional committee inquiry (CPI) to investigate suspected connections between STF justices and Banco Master, the controversial bank which collapsed in November and has been the subject of a fraud investigation. As of 9 March, more than 30 of Brazil’s 81 senators, mostly from conservative parties, had already signed a motion for the upper chamber to launch a CPI, although it is uncertain when or if the senate president, Davi Alcolumbre, will table the motion for a vote.

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