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Ueno Bank

Politics

Paraguay: Senate impeached Peña rather than accept his offer to resign

Paraguay's ousted president, Santiago Peña, has been charged over the collapse of Ueno Bank. Initially placed under house arrest, he has since been transferred to a military facility for his own safety. Nearly three million customers were locked out of their accounts after regulators seized control of the online bank. Repayments are now under way, but protests continue as customers demand access to their money. Peña denies any wrongdoing. Jack Pownall reports.

Politics

After the crisis, is Paraguay moving towards a real change or just a relief of figures?

The dismissal and subsequent detention of former Paraguayan President Santiago Peña has opened one of the most uncertain political periods in Paraguay in recent years. The crisis erupted following Ueno Bank's intervention, resulting in investigations into alleged conflicts of interest and other irregularities. As justice progresses with research and the political system seeks to restore stability, doubts about the country's institutional future grow. Julieta Heduvan, a doctoranda at the Autonomous University of Barcelona, addresses the subject in France 24.

Politics

"We are with nothing, waiting": retired, football, foreign... the distress of the savers in Paraguay

Almost three million Paraguayans were left without access to their accounts following the intervention of Ueno Bank, which ended with the dismissal and pre-trial detention of the now former Santiago Peña. The state has already returned the deposits to 1.2 million customers, but the rest of them do not know what will happen to their money. Although the new president, Pedro Alliana, promised that he will compensate all those affected, the demand against the entire political class is growing on the streets.

World

Report from Asunción: what is known from Ueno Bank's accounts following the crisis in Paraguay

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.

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Politics

Paraguay: Procuratorate charges and calls for pretrial detention for former President Peña after Ueno Bank collapse

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.

Politics

After Peña's departure in Paraguay, how does the return of funds to Ueno Bank customers follow?

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.

Politics

Who is Pedro Alliana, the new president of Paraguay? What action will you take in the face of the crisis by Ueno Bank?

The Paraguayans were born on Saturday November 7 with a new head of state. This is Pedro Alliana, who took office, after the right-wing journalist Santiago Peña was dismissed by the Senate in a political trial - and subsequently put under house arrest - for his alleged involvement in the collapse of Ueno Bank. The bank crisis initially left about three million people, half the country's population, without access to their money.

Politics

Pedro Alliana assumes as new president of Paraguay after dismissal and arrest of Santiago Peña

After the financial crisis caused by the closure of the Ueno Bank and the dismissal and arrest of Santiago Peña, Paraguay has new president. Pedro Alliana took office on Friday, November 6 as the country's new president. He then met with several of the ministers appointed by the previous Government and made changes in the portfolios of Public Works and the Interior. Our correspondent, Flavia Borja, extended the details.

Politics

Banking scandal topples Paraguay leader

Paraguay’s ousted president Santiago Peña has been placed under house arrest after senators unanimously voted to remove him over a banking scandal. The collapse of Ueno Bank left nearly three million customers unable to access their savings. Peña denies any wrongdoing, while his successor, Pedro Alliana, has pledged to compensate those affected.

Politics

Paraguay: Ueno Bank storm dragged Santiago Peña, dismissed, arrested and replaced

44 senators voted unanimously in favour of the President's dismissal, for his ties with the Ueno Bank, whose closure has led to an unprecedented political crisis in the country. In a quick succession, the Office of the Prosecutor ordered the arrest of Peña, the National Police carried out the measure, upon notification of his house arrest, the former President was summoned to give statements, pending an indictment, and President Pedro Alliana was sworn in his place.

Politics

Report from Asunción: protesters celebrate the dismissal of Santiago Peña in Paraguay

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

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World

Ueno Bank's payments to savers start in Paraguay under certain requirements

The Central Bank of Paraguay initiated the return of deposits to Ueno Bank customers, which was involved in solvency problems. At this first stage, payments are aimed at small savers who meet the requirements established by the authorities. The measure comes in the midst of criticism, protests and uncertainty about the recovery of funds from other depositors affected by the crisis.

World

Report from Asunción: payments to Ueno Bank savers start

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