Toffoli Admits Receiving Payment for Resort Sale to Vorcaro Fund
The Brazilian Supreme Federal Court (STF) Minister Dias Toffoli has confirmed receiving payments related to the sale of a resort. The resort, Tayayá, was sold in 2021 by Maridt, the company Toffoli is associated with, to a fund linked to banker Daniel Vorcaro. This statement comes amidst a Federal Police investigation into transactions involving Toffoli.
Details of the Resort Sale to Vorcaro Fund
Toffoli stated that he has been a partner in Maridt for several years, along with family members. The company’s structure is that of a private corporation, making shareholder names inaccessible to the public. Thus, only two of Toffoli’s brothers’ names are on public records, as they manage the company.
Legitimacy of Transactions
- Toffoli claims that all financial transactions associated with his involvement in Maridt were lawful.
- Records of these transactions have been reported to the Federal Revenue Service.
- The company held a 33% stake in the Tayayá resort, which was sold to the Arleen fund.
- He emphasized that the fund has since sold its shares to third parties at a profit.
Context of the Sale
At the time of the sale, Daniel Vorcaro was not under scrutiny and was perceived as an emerging banker. Toffoli also mentioned that any requests from the Federal Police concerning Vorcaro were approved by him, including calls for searches and seizures related to the Master Bank investigation.
Conclusion
The clarification from Toffoli sheds light on his financial dealings and potential conflicts of interest. The ongoing investigation by the Federal Police reflects the broader scrutiny of financial transactions involving influential figures in Brazil.
