Brazilian bank master transfers R$1.4B precatory to whistleblower firm before liquidation

A judicial master transferred R$1.4 billion in precatory (court-ordered payment) to Entre Investimentos, a company linked to a whistleblower, one month before the bank's liquidation. The liquidator alleges no proof of payment for the R$1.28 billion agreed price, raising concerns of fraud or preferential treatment in the liquidation process.