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With secretary of JHC investigated for contributions to Master, MPF says it may 'deepen' investigation into ex-mayor's rolePhoto by Tumisu on Pexels
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With secretary of JHC investigated for contributions to Master, MPF says it may 'deepen' investigation into ex-mayor's role

oglobo15 September 2026 at 07:30

The removal of secrecy from documents in the investigation into Banco Master opened a new front in the case of the R$ 97 million invested by the Maceió Municipal Public Servants' Pension Institute (Iprev) during the administration of former mayor João Henrique Caldas, known as JHC (PSDB), candidate for governor of Alagoas.

The material shows that the Federal Police treats Municipal Finance Secretary João Felipe Alves Borges as an investigated party and requested access to his banking, tax, and digital data. The investigation involves million-dollar contributions made by Iprev during JHC's administration in the city of Maceió.

The Federal Public Ministry considers it possible to deepen the investigation into JHC's conduct, who was the legal responsible party for the institute before the Ministry of Social Security and had the power to appoint and dismiss its leadership. By note, JHC denies irregularities and reaffirms that he is not investigated.

Why this matters

The case involves R$ 97 million in investments from Maceió public servants' retirement fund, money that may have been invested improperly. JHC is a candidate for governor of Alagoas, and the investigation may directly affect the local political landscape. Additionally, municipal servants may have their benefits compromised if the investments were poorly made.

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