Federal law enforcement officials in Brazil executed a search and seizure operation Thursday targeting Senator Ciro Nogueira in connection with an expanding investigation into the failed Banco Master, according to a Supreme Court decision released Thursday.
Nogueira previously held the position of chief of staff under former right-wing President Jair Bolsonaro, serving from August 2021 through December 2022. The senator currently leads the Progressives political party and represents Piaui state in Brazil’s upper legislative chamber.
In his ruling, Supreme Court Justice Andre Mendonca stated that the police investigation suggests Nogueira allegedly provided assistance to Banco Master’s owner Daniel Vorcaro “in exchange for undue economic advantages.”
Legal representatives for Nogueira rejected any allegations of misconduct, issuing a statement declaring their client’s willingness to work with investigators and remain available to offer explanations regarding the matter.
The search warrant against Nogueira represents a significant expansion of the corruption investigation into Brazil’s political establishment, as authorities continue examining alleged illegal activities connected to Banco Master.
The financial institution was shut down in November following a serious cash flow crisis, while Vorcaro, the bank’s owner, remains in custody facing charges.
