Brazilian Police Raid Campo Grande Offices in Pension Fund Investigation

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On 25 August 2026, the Brazilian Federal Police executed six search-and-seizure warrants in Campo Grande as part of 'Operação Presciência,' an investigation into the municipal pension fund IMPCG. The operation targeted the institute’s offices, a social assistance secretariat, and the homes of public servants, including Vice-Mayor Camilla Nascimento. Investigators examined the authorization of roughly R$1.2 million to R$1.43 million in investments placed in Banco Master, which was liquidated in November 2025. The probe centers on allegations of corruption and reckless management (gestão temerária) regarding financial note purchases made in April 2024.

Consequences

The investigation is part of a broader national sweep by federal authorities examining how municipal pension funds managed investments with the now-liquidated Banco Master. Authorities will likely use the seized documents to determine culpability and reconstruct the internal decision-making processes that led to these financial placements.

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