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Ueno Bank El

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.

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