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Brazil Chamber President Hugo Motta Discussed Partnership Format in Land Deal With Banker

Federal Police messages show Motta negotiating a João Pessoa property purchase and a carbon market bill with former Banco Master controller Daniel Vorcaro.

Sources: Brasil 247, Jornal de Brasília, Valor Econômico3 sources ↓|· 1 min read
Brazil Chamber President Hugo Motta Discussed Partnership Format in Land Deal With Banker
Photo: Brasil 247

KEY POINTS

  • PF messages show Motta discussing "partnership format" for João Pessoa land deal with Vorcaro
  • Sister-in-law obtained at least 22 million reais loan from Banco Master for the purchase
  • Conversations cover carbon market bill, Credit Guarantee Fund, and aircraft access
  • Motta visited Vorcaro's Brasília home; discussed Portugal trip in November 2024
  • Motta denies wrongdoing and rejects any favoritism allegations

Federal Police messages extracted from former Banco Master controller Daniel Vorcaro's phone reveal Chamber of Deputies President Hugo Motta discussing a "partnership format" for a land purchase in João Pessoa. The conversations, beginning March 9, 2024, were published by Fatos Online and confirmed by Folha de S.Paulo. Motta's sister-in-law had secured a loan of at least 22 million reais from Banco Master to buy a former cement factory site slated for residential development. Motta asked Vorcaro for guidance on finalizing the deal with Intercement due to a tight deadline. Four days later, Motta reported that missing signatures had been resolved and thanked Vorcaro for "confidence and partnership." The messages also show discussions about a carbon market bill, the Credit Guarantee Fund, and aircraft access.

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