The government of Ibaneis Rocha (MDB) in the Federal District of Brazil has recognized the risks involved in the acquisition of Master bank by the Bank of Brasília (BRB) but argued that a prior audit of the bank's assets should only take place after the deal's validation. This stance, documented in an official position signed by the recently appointed Attorney General of the Federal District, Márcio Wanderley de Azevedo, was communicated shortly before a previous attempt to finalize the deal was blocked by the Brazilian Central Bank last year.

Azevedo was appointed as the Attorney General on August 20, 2025, and prior to this role, he served as legal consultant within Ibaneis' cabinet. Just six days after his appointment, he prepared the official response to the Federal Public Ministry (MPF), in which he admitted the existing risks while defending the purchase of the Master bank by BRB. This document essentially highlights the tensions and complexities surrounding the process of governmental negotiations and financial investments in the banking sector during Ibaneis' tenure.

The implications of this situation are significant, reflecting broader concerns about governance, accountability, and the proper conduct in financial operations involving state agencies. With the Central Bank's intervention blocking the deal, questions arise not only about the wisdom and procedural adherence of the decision-making process but also about the potential repercussions for financial stability in the Federal District. The controversy illustrates the challenges faced by local governments in managing public resources and ensuring transparency in transactions that may affect the economy and public confidence.