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Monday, October 26, 2026

Alexandre de Moraes Calls Off Speech an Hour After Announcing It

By · September 10, 2026 · 6 min read
Justice Alexandre de Moraes during a ceremony at Brazil's electoral court
Alexandre de Moraes Calls Off Speech an Hour After Announcing It

Brazil · Judiciary

Key Facts

—The reversal. Alexandre de Moraes announced a public statement for 11 a.m. on Thursday, September 10, 2026, then cancelled it about an hour later. The Supreme Court says it will be rescheduled “at an opportune date.”

—The backdrop. The speech would have been his first public comment since court president Edson Fachin removed him from the fake-news inquiry and called a full-bench session on the Banco Master file, as we reported.

—The plea. Brazil’s prosecutor-general signed the first plea bargain of the Compliance Zero probe with Reag founder João Carlos Mansur — 17 investigation lines and a 40-million-reais fine (about US$7.9 million).

—The admission. Brazilian media report that Mansur admitted he used Reag investment funds to conceal bribes paid by Daniel Vorcaro to public officials.

—The secrecy fight. President Lula publicly asked on September 9 for the investigation’s secrecy to be lifted; his allies want the “Dark Horse” film money trail made public too.

—What stays on. The court’s regular Thursday plenary session at 2 p.m. remained on the agenda despite the morning’s drama.

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Alexandre de Moraes called a press statement and cancelled it within about an hour on Thursday, deepening the sense of improvisation inside Brazil’s Supreme Court — while the Banco Master investigation around him kept growing on three separate fronts.

An Hour Between Announcement and Cancellation

On Thursday morning, Moraes’s office told journalists the justice would make a public statement at 11 a.m. in Brasília. It gave no topic. Roughly an hour later, the Supreme Court’s press office sent a second message: the statement was cancelled and would be rescheduled “at an opportune date.” No reason was given, according to CNN Brasil, G1, UOL and the legal news site Migalhas.

The cancelled appearance would have been the justice’s first public comment since Wednesday’s institutional earthquake, when court president Edson Fachin centralized the court’s most sensitive files — including taking the fake-news inquiry out of Moraes’s hands and scheduling a full-bench session to discuss whether a formal investigation into Moraes himself should be opened. We covered that decision in detail here.

Behind the scenes, G1 reported, people close to the court expected Moraes to defend his conduct of the fake-news inquiry and to offer general considerations about the investigations run under it. Whether that defense will ever be delivered — and in what setting — is now an open question. The court’s regular 2 p.m. plenary session on Thursday was, as of midday, still on.

The First Plea Deal Lands

While the court managed its internal crisis, the underlying investigation widened. Last week, Prosecutor-General Paulo Gonet signed the first plea bargain of Operation Compliance Zero with João Carlos Mansur, founder of the liquidated asset manager Reag Investimentos, and forwarded it to Justice André Mendonça for review, Poder360 and Estadão reported.

The agreement, according to Brazilian media, covers 17 lines of investigation and includes a fine of 40 million reais (about US$7.9 million). Investigators believe Reag managed funds that Banco Master owner Daniel Vorcaro used to pull money out of the financial system — part of it for personal enrichment, part of it for the payment of bribes. The Central Bank separately identified irregular operations between the bank and Reag Trust funds between July 2023 and July 2024.

Mendonça still has to hear Mansur to confirm the cooperation was voluntary before the deal is homologated and its contents can formally enter the case files. Prosecutors reportedly see Mansur’s material as more consistent and valuable than anything Vorcaro himself has offered — which helps explain why the banker’s own repeated attempts at a plea deal have gone nowhere.

A New Admission About the Bribes

On Thursday, the Mato Grosso do Sul outlet Midiamax reported the sharpest detail yet from the Mansur cooperation: the Reag founder admitted he used investment funds to conceal bribes paid by Vorcaro to public officials. The claim has not been independently confirmed by the court, and the plea documents remain sealed — but it matches the structure investigators have described since March, when two Central Bank supervisors were removed over suspected payments from the banker.

If homologated, the testimony would give prosecutors their first insider account connecting Vorcaro’s money to specific public officials. That is precisely the territory the Federal Police is now mapping, having called current and former monetary-authority figures as witnesses in recent days.

Lula’s Secrecy Gambit

The political class is positioning itself around the files. On Wednesday, President Luiz Inácio Lula da Silva broke his silence and publicly asked for the secrecy covering the Banco Master investigations to be lifted, arguing that sunlight is the only way to defuse the crisis consuming the Supreme Court, Gazeta do Povo reported.

Lula’s allies have a more specific target: they want Mendonça to give the “Dark Horse” file — the investigation into Vorcaro’s payments to the producer of the Bolsonaro film biography — the same public treatment he gave the banker’s messages with Moraes and Gonet. That film-money trail is at the center of a separate plea story we reported today. Unsealing it would pull the opposition’s presidential camp into a scandal that so far has burned mostly the government’s side.

What Comes Next

Three dates now matter. The rescheduled Moraes statement, whenever it lands. Mendonça’s hearing with Mansur, which will decide whether the first plea deal enters the evidence. And the full-bench session already on the calendar, where the eleven justices will confront the question of whether to open a formal investigation into one of their own. Currency note: conversions use an implied rate of about 5.08 reais per US dollar (Reuters, September 9–10, 2026).

Frequently Asked Questions

Why did Moraes cancel his speech?

No official reason was given. His office announced an 11 a.m. statement on September 10, 2026, and the Supreme Court’s press office cancelled it about an hour later, saying it would be rescheduled “at an opportune date.” It would have been his first comment since Fachin removed him from the fake-news inquiry.

Who is João Carlos Mansur?

The founder of the liquidated asset manager Reag Investimentos. He signed the first plea bargain of Operation Compliance Zero with the prosecutor-general — 17 investigation lines and a 40-million-reais fine (about US$7.9 million) — and reportedly admitted using Reag funds to conceal bribes paid by Daniel Vorcaro to public officials.

What does Lula want made public?

On September 9, Lula asked for the secrecy on the Banco Master investigations to be lifted. His allies specifically want the “Dark Horse” file — Vorcaro’s payments linked to the Bolsonaro film biography — unsealed, which would shift part of the scandal toward the opposition.

Sources

CNN Brasil · G1 · UOL · Migalhas (speech cancelled, September 10, 2026) · Poder360 · Estadão (Mansur plea deal, September 2, 2026) · Midiamax (bribery admission, September 10, 2026) · Gazeta do Povo (Lula secrecy call, September 10, 2026)

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Connected Coverage

The Banco Master file has become the biggest institutional crisis of Brazil’s election year.

Fachin Takes the Supreme Court Crisis Into His Own Hands

The Plea Deal Behind Brazil’s Judicial Crisis Is About a Film

Federal Police Call Two Central Bank Chiefs as Witnesses

Banco Master Scandal Coverage on The Rio Times

Sources: CNN Brasil; G1; UOL; Migalhas; Poder360; Estadão; Midiamax; Gazeta do Povo.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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