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Former BRB president changes legal team to lawyers with plea bargain experience

2 sources · 23 Apr 2026 · Share coverage ·

Paulo Henrique Costa, former president of Banco Regional de Brasília, changed his legal team on Wednesday and hired lawyers with experience in plea bargain agreements. Costa has been imprisoned since last week on charges of receiving bribes to favor the purchase of Banco Master by BRB.

Paulo Henrique Costa is accused of receiving bribes from Daniel Vorcaro so that BRB would acquire Banco Master, in an operation involving the purchase of portfolios with signs of irregularities worth billions of reais. The change to lawyers with experience in plea bargains signals that the executive may be considering negotiating a cooperation agreement with authorities.

1. What we know (5)

Paulo Henrique Costa changed his legal team this Wednesday

2 sources Carta Capital Money Times

Cléber Lopes left Costa's defense

2 sources Carta Capital Money Times

Eugênio Aragão and Davi Tangerino take over the new defense

2 sources Carta Capital Money Times

Costa was arrested last week by Federal Police

2 sources Carta Capital Money Times

Costa is accused of receiving bribes from Daniel Vorcaro related to Banco Master

2 sources Carta Capital Money Times
2. Where coverage thins out (4)

Covered by only some sources, or where the accounts diverge.

Covered by only some sources (3)

The arrest was authorized by STF minister André Mendonça

Reported by: Carta Capital
Did not cover: Money Times

The STF began judging whether to maintain Costa's imprisonment

Reported by: Money Times
Did not cover: Carta Capital

Costa was removed from command of BRB in November last year

Reported by: Carta Capital
Did not cover: Money Times

Conflicting versions (1)

Amount of bribes received by Costa

1 source — "Costa allegedly received properties valued at around 146 million reais": Carta Capital
1 source — "Costa allegedly received R$ 140 million in bribes in properties": Money Times
3. What we don't know yet

No gaps declared — all sources converge on the material facts.

All sources

2