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Senator Jaques Wagner Denies Links to Collapsed Banco Master

Federal police agents swarmed the residence of government coalition leader Jaques Wagner on Thursday, turning the heat on the senator over alleged ties to the failed Banco Master. Facing the pressure of an active investigation, the politician maintains his innocence, claiming his family remains untainted by the lender's financial collapse.

Senator Jaques Wagner Denies Links to Collapsed Banco Master

In a direct response during an interview with BandNews, Wagner addressed the raid by asserting that neither he nor his relatives ever accepted funds or illicit benefits from the institution. The senator stated that he remains firmly in his position as the primary voice for the government coalition in the Senate.

Following the search, President Luiz Inacio Lula da Silva reached out to the senator to convey his personal solidarity. Wagner expressed confidence that the president intends to retain him as his legislative point man, despite the scrutiny surrounding the ongoing probe into the bank's dealings.

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