Facebook Pixel Lula distances himself from top court over Banco Master case | Business Mirror - newspaper - Les denne historien på Magzter.com

Prøve GULL - Gratis

Lula distances himself from top court over Banco Master case

Business Mirror

|

April 10, 2026

Pisses Luiz Inacio Lula da Silva called on Supreme Court justices to explain apparent links to Banco Master SA, saying they must be held accountable if there was misconduct related to the collapsed bank at the center of a scandal roiling Brazil's political system.

- By DANREL CARVALHO.

During a Wednesday interview with local news outlet ICL, Lula said alleged ties between multiple justices and the bank’s jailed former owner had dented the top court’s image. He warned Justice Alexandre de Moraes, in particular, not to let the case tarnish his legacy on the court.

“Alexandre knows it's harming the court’s image,” Lula said of the judge who gained prominence for battling Elon Musk and overseeing the coup plot trial of former President Jair Bolsonaro following a January 8, 2023 insurrection attempt in Brasilia. “I’ll tell you what I told him: You built a historic legacy with the January 8 trial. Don’t let this case throw away your legacy.”

The comments marked the president's clearest attempt to distance himself from the Supreme Court amid a saga that has thrust it into a credibility crisis while posing political risks to Lula ahead of October elections.

Moraes has come under scrutiny over apparent ties to Daniel Vorcaro, the former Master chief executive officer who has twice been arrested as part of a probe into alleged fraud at the lender.

FLERE HISTORIER FRA Business Mirror

Business Mirror

Business Mirror

ACEN solar project in Australia set to begin construction

YINDJIBARNDI Energy Corp. (YEC), a partnership between Yindjibarndi Aboriginal Corporation in Australia and ACEN Corp., is set to commence construction of its 75-megawatt alternating current (MWac) Jinbi Solar Project in Western Australia’s Pilbara region.

time to read

1 mins

May 12, 2026

Business Mirror

EXPANDED MANUFACTURING ROLE FOR CEBU IN S.E.A. SEEN

Cebu is increasingly being viewed as a possible expansion base for manufacturers operating in Southeast Asia, according to an executive from a regional manufacturing firm.

time to read

1 mins

May 12, 2026

Business Mirror

JBC gives Palace shortlist for vacancies in the CTA and Sandiganbayan

THE Judicial and Bar Council (JBC) has submitted to President Marcos its shortlist of nominees for vacancies in the Court of Tax Appeals and the Sandiganbayan.

time to read

1 mins

May 12, 2026

Business Mirror

Get ready for some summer splashing at the Cup of Joe concert

ALL roads lead to the Philippine Sports Stadium on May 23 when the phenomenal band sensation Cup of Joe stages its biggest live undertaking to date.

time to read

2 mins

May 12, 2026

Business Mirror

DAR writes off over P50M worth of agrarian debt of 953 NorMin ARBs

THE Department of Agrarian Reform (DAR) announced on Monday the distribution of Certificates of Condonation with Release of Mortgage (CoCRoMs) to agrarian reform beneficiaries (ARBs) in Northern Mindanao during a stakeholders’ forum held in Cagayan de Oro City.

time to read

1 mins

May 12, 2026

Business Mirror

SC requires poll body to comment on ’25 overseas internet voting plea

THE Supreme Court has ordered the Commission on Elections (Comelec) to comment on a petition questioning aspects of the overseas internet voting system used during the 2025 elections.

time to read

2 mins

May 12, 2026

Business Mirror

Business Mirror

Higher oil-related dollar demand thrashes peso

HIGHER “oil-related dollar demand” shoved the Philippine peso past the P61-per-dollar level anew on Monday, with the local currency enfeebling for the second straight trading day.

time to read

2 mins

May 12, 2026

Business Mirror

Army activates task force on infra projects

THE Army (PA) on Monday announced that it has activated a task force dedicated at ensuring the timely completion of its infrastructure projects.

time to read

1 min

May 12, 2026

Business Mirror

'Silence can normalize evil': Priest at House Holy Mass calls on public to break silence on corruption

A FRANCISCAN priest who celebrated Mass at the House of Representatives on Monday urged public officials and Filipinos to speak out against corruption and wrongdoing, even as Congress moves forward with impeachment proceedings against Vice President Sara Duterte.

time to read

1 mins

May 12, 2026

Business Mirror

2Go ties up with Vallacar Transit

2GO Group Inc. said on Monday it has forged a partnership with Vallacar Transit Inc., the operator of the Ceres Liner bus network, to offer shuttle services that will bridge sea and land transportation for passengers disembarking at major Philippine port terminals.

time to read

1 min

May 12, 2026

Listen

Translate

Share

-
+

Change font size