Davi Alcolumbre Confirms Authority Over CPMI Decision on Banco Master Fraud Investigation

Davi Alcolumbre, president of the National Congress, reaffirmed on November 12, 2026, that he holds the authority to decide the opening of the Mixed Parliamentary Inquiry Commission (CPMI) into Banco Master, which is under investigation for involvement in a billion-dollar fraud within Brazil's financial system. Alcolumbre clarified that while the Board has ordered the matter, it is up to his presidency to determine when the request for the CPMI's installation will be read.

The political party Novo has been actively pushing for the CPMI's creation, submitting a proposal authored by Deputy Carlos Jordy and criticizing Alcolumbre for delaying reading the request. Marcel van Hatten, leader of Novo, directly urged Alcolumbre to proceed with the reading, and when refused, appealed the decision. Alcolumbre stated he would send the appeal to the Commission on Constitution and Justice (CCJ) at the appropriate time.

Furthermore, Rogério Corrêa, government vice-leader in the Chamber of Deputies, suggested initiating the CPMI in the next legislative session. He emphasized the urgency of investigating funds related to the film Dark Horse, reportedly financed with over R$ 60 million from banker Daniel Vorcaro to portray former president Jair Bolsonaro’s story, advocating for rigorous scrutiny to ensure those involved who fled Brazil can face justice.

This development marks a critical phase in the legislative handling of the Banco Master fraud inquiry, balancing procedural authority with political pressure to advance the CPMI.