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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 accuser accused the newly dismissed President of Paraguay, Santiago Peña, of the charges of abuse of trust and self-administration after the collapse of Ueno Bank that left millions of people without access to their money. The Public Prosecutor & apos; s Office also seeks pre-trial detention against the former President and the former head of the Central Bank of the country.
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 started with users who have accounts in other banks and do not have debts, but is expected to reach 97% of those affected. The government of the new President Pedro Alliana also guaranteed the payment of the assets of the 32,000 pensioners who had been injured.
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
On 3 November, the Central Bank of Paraguay decided to intervene Ueno Bank for insufficient capital, and its services were suspended. After the scandal, President Santiago Peña presented his resignation for alleged links with the entity. Almost half of the 6.4 million Paraguayans have an account in Ueno. What is the future of customer money? We analyzed it with Esteban Caballero, a polytologist and a researcher.
Through a video published on his social media, Paraguay's President, Santiago Peña, resigned on November 5 following the opening of a debate in the Chamber of Deputies on a possible political trial for the intervention and closure of Ueno Bank, an entity linked to the president. The Central Bank's measure triggered a financial and political crisis that affected 2.9 million customers with branch closures and access to accounts.
