Roberto Justus breaks silence on Vorcaro: 'I don't need his money'

Brazilian businessman Roberto Justus broke his silence on Saturday, October 3, 2026, publicly addressing his business dealings with Daniel Vorcaro, former controller of Banco Master, after leaked messages sparked accusations of lying. In a video statement, Justus detailed his negotiations with Vorcaro regarding SteelCorp, a company he co-owns. He explained that in 2024, Vorcaro, then a prominent banker, invested in SteelCorp as a debt convertible into equity, but the conversion never occurred as agreed. Justus said he pressured Vorcaro for months to resolve the issue, even mentioning potential bankruptcy proceedings in September 2025. Justus emphasized that his personal wealth was built independently and that he did not need Vorcaro's money. He noted that Vorcaro was widely trusted by serious institutions at the time, and no one could have predicted his later downfall.