TCU files lawsuit over billion-dollar loan from the DF government to help BRB

The Union and the Government of the DF close an agreement to help BRB
The Federal Court of Auditors (TCU) decided to archive the process that could analyze the billion-dollar loan that the government of the Federal District intends to take out to help the assets of the Banco de Brasília (BRB).
Reporter of the case, minister Jhonatan de Jesus assessed that the responsibility for this monitoring lies with the Federal District Court of Auditors, and not the TCU.
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"Considering that the legal business in question is being structured directly between the Government of the Federal District and the Credit Guarantee Fund (FGC), a civil association under private law, without there being a demonstration of management acts involving federal public resources", said Jhonatan de Jesus.
As g1 anticipated, the technical area of the TCU had already concluded that the Court does not have the legal competence to analyze the loan of up to R$ 6.6 billion intended by the district government.
The DF Court of Auditors, in turn, has already received representation from a district deputy pointing out possible irregularities in the loan. The request is still under analysis in the technical area and does not have a designated rapporteur.
Billionaire relief
Facade of the BRB bank.
Reproduction/TV Globo
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 the Banco de Brasília (BRB).
The law that authorizes the agreement signed at the Federal Supreme Court (STF) to make the aid possible, the loan was sanctioned this Wednesday (24).
The money will come from the Credit Guarantee Fund (FGC), and the largest public and private banks in the country will act as guarantors. As a counter-guarantee, however, the government placed resources from the State Participation Fund (FPE) and the Municipal Participation Fund (FPM).
➡ Counter-guarantee is the asset that can be obtained by the guarantor, when he is called upon 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.
Lula Government and DF make billion-dollar deal to help BRB
Why is BRB in crisis?
The current BRB crisis is linked to the 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.
The BRB estimates that at least R$8.8 billion of the Master's credits purchased by the 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.
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Source: G1