Brazil CNJ cancels R$4.73B precatory payments tied to Vorcaro corruption probe

Brazil's National Justice Corrector ordered cancellation of 16 precatory payments and return of R$4.73B to Treasury, linked to a list found on former banker Daniel Vorcaro's phone. The measure affects usinas that bought precatories before final court rulings, amid Federal Police investigation into irregularities. This marks a significant judicial intervention in Brazil's precatory system, potentially signaling broader crackdown on fraudulent trading of court-ordered debts.