CGU audit: 93% of Banco Master consigned loans activated before INSS beneficiary signatures

A CGU audit found that 93.3% of consigned credit contracts with Banco Master began before the signatures of INSS beneficiaries, with 90.5% activated two or more days prior. This irregularity indicator is uniquely high for Banco Master, suggesting systemic procedural failures or potential fraud. The finding raises regulatory and legal risks for the bank and may prompt enforcement action.