Crisis-Hit Paraguay Asks for Help to Recover Missing Ueno Funds
5 Articles
5 Articles
Radio France Internationale
rtl.luCrisis-hit Paraguay asks for help to recover missing Ueno funds
The chaotic implosion of Ueno Bank almost a week ago locked almost half the population out of their bank accounts, upending the usually stable country. Distraught depositors spilled onto the streets to demand the removal of president Santiago Pena, who was ousted and is now in pretrial detention over his alleged links to the bank collapse. The Central Bank, which seized Ueno over solvency concerns, had returned about $160 million to nearly 1.2 m…
Paraguay announced on Monday that it had launched steps with the United States, Luxembourg and Argentina to find the funds hijacked in the banking scandal that caused the removal of President Santiago Peña. ...
The prosecution pointed out that "work is being done to locate and secure property abroad, in order to repatriate them and compensate the victims," from the fall of Ueno Bank, which affected about three million savers, half of Paraguay's population. "For this purpose, contact is maintained with authorities in Luxembourg and Argentina, and the U.S. Department of Justice offered its collaboration," the Public Prosecutor's Office said in a statemen…
The Public Prosecutor's Office of the country wants to identify assets of the individuals and companies investigated
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
