The technical area of ​​the Federal Audit Court (TCU) assessed that the body does not have the legal competence to analyze the possible loan of up to R$6.5 billion that the Federal District government must take to save the assets of Banco de Brasília (BRB). According to the analysis, investigations of this type should be conducted by the Federal Court of Auditors, since the BRB is linked to the district government, and not to the Union. With this understanding, the technical unit will recommend not knowing the representation that requested an investigation of the case by the TCU. The conclusion was confirmed to g1 by interlocutors who follow the topic and could be made official in the coming days. The opinion of the technical area, however, is not definitive. The process will still be analyzed by the case's rapporteur, minister Jhonatan de Jesus, and by the Public Ministry at the TCU. The final decision rests with the Court's plenary, which must analyze the vote presented by the rapporteur in the case. Billionaire bailout The government of the Federal District is preparing to assume a billion-dollar debt that should take more than 10 years to be paid off: a loan of R$6.6 billion to rebuild the assets of Banco de Brasília (BRB). The money will come from the Credit Guarantee Fund (FGC) and the largest public and private banks in the country will act as guarantors. But, as a counter-guarantee, the government placed resources from the State Participation Fund (FPE) and the Municipal Participation Fund (FPM) on the line. ➡️The counter-guarantee is the good that can be obtained by the guarantor, when he is called to cover a default. In other words: the big banks would pay the bill, but they would use the FPE and FPM to recover the money. Why is BRB in crisis? The current BRB crisis is linked to negotiations and operations carried out with Banco Master between 2024 and 2025, which totaled R$30 billion according to data from the bank itself. In November 2025, the Federal Police launched Operation Compliance Zero and identified an alleged billion-dollar financial fraud scheme – including a large part of these transactions. In April this year, a new phase of the investigation led to the arrest of former BRB president Paulo Henrique Costa. The PF claims that he would have allowed business with the Master without collateral and without following adequate governance practices. BRB estimates that at least R$8.8 billion of the Master credits purchased by BRB are non-existent, fraudulent or difficult to recover securities. In practice, "bad credit" that can turn into a hole in the bank's assets. The government says it can recover R$2.2 billion to cover part of these bad bonds with other measures – but it would need a loan for the other R$6.6 billion.