From MercoPress · · 50s
Paraguay Prosecutors Charge Peña Over Bank Collapse
Paraguayan prosecutors seek pre-trial detention of ex-president Santiago Peña amid Ueno Bank collapse fallout.
In brief
Paraguayan prosecutors seek pre-trial detention of ex-president Santiago Peña amid Ueno Bank collapse fallout. Paraguay's prosecutors charged ex-president Santiago Peña with breach of trust and self-serving administration in the Ueno Bank collapse that froze savings of nearly three million customers. Originally…
Prosecutors Charge Peña
Paraguayan prosecutors charged former President Santiago Peña with breach of trust, instigation, and self-serving administration in the Ueno Bank collapse.
“They all must go”
Ueno Bank Collapse Impact
The bank froze savings of nearly three million customers, with recovery payments starting at US$1,500 and extending to 40 minimum wages.
Political Fallout
Protesters and opposition demand President Alliana's removal and early elections in early 2027 after the bank collapse.
Pre-Trial Detention Request
Prosecutors seek pre-trial detention of Peña and former Central Bank president Carlos Carvallo, who is in custody.
In short
Paraguay's prosecutors charged ex-president Santiago Peña with breach of trust and self-serving administration in the Ueno Bank collapse that froze savings of nearly three million customers.
