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Of the almost three million customers affected by the dissolution of the financial institution, about 1.2 million have already received the return of their savings, according to the Central Bank of Paraguay on Saturday. The process began with users who have accounts in other banks and do not have debts, but is expected to reach 97% of those affected. Report from our correspondent, Flavia Borja.
The decision comes after the prosecution charged him for the alleged crimes of abuse of confidence and administration for personal benefit
Santiago Peña's dismissal unleashed scenes of celebration on the streets of Paraguay. After days of protests and increasing citizen pressure over the crisis linked to Ueno Bank, protesters went to the streets to demand a political trial of the now expressive. The Senate found him guilty of "misperforming" and took him from office. The report is from our correspondent Flavia Borja
The political crisis in Paraguay added a new chapter after the Senate's dismissal of Santiago Peña and subsequent detention. While some protesters were celebrating on the streets, others announced mobilizations towards the former president's residence. Prosecutors pointed out that Peña could face charges for alleged trust and administration injury for its own benefit, although they indicated that the investigation remains open.
The Central Bank of Paraguay (BCP) began the return of deposits to Ueno Bank customers, which was involved in solvency problems. At this first stage, payments are directed to savers with deposits up to $1,600 provided they have no debts to the entity and have an account in another bank to receive the funds. According to data disseminated by the authorities, the process involves more than 720,000 accounts and will be carried out gradually. Customers with higher amounts must wait for the next stages of the return plan. Our correspondent Flavia Borja
Lawyers Adolfo Ferreiro and Ricardo Preda appeared this Friday before the Senate of Paraguay to exercise the technical and legal defence of Santiago Peña, who did not show up personally despite being summoned. The hearing began after the High House rejected the request for a 72-hour extension requested by the president, in the midst of the political crisis unleashed by the intervention and closure of Ueno Bank, an entity linked to the president and which managed funds from more than 2.9 million customers.
Despite not being certain of the location of President Santiago Peña, the still president spoke in his official account of X and said that he would come to the political trial and exercise his right to defence, so the media assume that he is still in the country despite rumors that he already left Paraguayan territory. Our correspondent Flavia Borja extended our information.
The Senate suspended the session in which it voted whether to accept the resignation of President Santiago Peña or to proceed with a political trial after a quorum. According to our correspondent Flávia Borja, several legislators had left the room and hid in the bathrooms to not complete the majority of votes, so dozens of protesters on the outskirts are increasingly upset.
The Paraguayans are moving in the streets to the Plaza de Armas de Asunción following the announcement of the resignation of President Santiago Peña for his connection with the bank Ueno Bank, a platform that announced its dissolution for financial insolvency. The protesters demand a political trial against the president and ask their fellow citizens to go to the streets to demand answers. Inform our correspondent Flavia Borja.
Dozens of Paraguayans move in Asunción to the cry of "political judgment" and "not a step back," after President Santiago Peña announced his resignation in the midst of the crisis unleashed by the intervention and closure of Ueno Bank, which affects millions of customers.
