Paraguay Raids Ex-President’s Home: Why a Bank Crash Brought Down Pena
38 Articles
38 Articles
The Attorney General's Office of Paraguay found a high security vault hidden in Santiago Peña's summer house; it requires facial recognition and fingerprints to be opened.
The Paraguayan Public Prosecutor's Office closed a search and seizure operation in the mansion of former President Santiago Peña, in San Bernardino, on Sunday, without being able to open an armored door discovered in one of the rooms of the residence. According to the Paraguayan newspaper ABC Color, the promoters will return to the property to continue the diligences, which are part of the investigation on the collapse of Ueno Bank. Want to read…
The Ueno Bank digital bank was intervened on Tuesday by the Central Bank of Paraguay (BCP) for insolvency and about three million customers - half of the country's population - were left without access to their deposits. Eight of its directors are in prison. The raid on Peña's house in the town of San Bernardino is "due to the alleged commission of the punishable acts of injury of confidence, as instigator, and administration for their own benef…
The mansion built between 2024 and 2025 is part of the investigation, because it was made with a loan from the Ueno bank.
Hidden armoured vault found in a Peña home built with Ueno Bank loans
Paraguayan prosecutors and police on Sunday searched a residence of former President Santiago Peña in Ciervo Cuá, in the San Bernardino district, about 50 kilometres from Asunción, built with loans from Ueno Bank. According to the newspapers ABC Color and Última Hora, they found an armoured vault behind a false wall that they were unable to open. The Prosecutor’s Office confirmed the search, although its statement did not mention the vault, whose contents are unknown.
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