Lula confirms Vorcaro meeting, denies persecution, vows probe into Banco Master

President Lula confirmed a 20-minute December 2024 meeting with former banker Daniel Vorcaro, who claimed Banco Master was failing and that he was being persecuted. Lula denied persecution and said the government would investigate. The meeting involved Gabriel Galípolo, then nominee for central bank president, raising questions about potential political influence over financial regulation.