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A ‘Grotesque’ Failure: Fraga’s Verdict as the Banco Master Case Widens

Rio Times

PoliticsRio Times·Aug 12, 2026·1 min read

A ‘Grotesque’ Failure: Fraga’s Verdict as the Banco Master Case Widens

Former central bank chief Armínio Fraga called the Banco Master case a 'grotesque failure' of enforcement, as police searched a Maceió pension fund over R$97 million in investments. The post A ‘Grotesque’ Failure: Fraga’s Verdict as the…

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