Paraguay’s Digital Bank Crisis: A President's Downfall
27 Articles
27 Articles
How a digital bank’s collapse toppled Paraguay’s president
ASUNCION, Nov 8 - For years, Paraguay’s digital bank, ueno, stood out as a homegrown success story, luring roughly half the country's people to open accounts and offering many the opportunity to hold a bank account for the very first time. Read more at straitstimes.com.
The Paraguayan Public Prosecutor has seized luxury vehicles, two planes and a yacht linked to Federico Miguel Vázquez Villasanti, former vice president and CEO of Ueno Bank. The set of goods is valued at about US$ 10 million (approximately R$ 58.8 million), according to the survey of the Paraguayan newspaper ABC Color. 'Vorcaro Paraguayo': 36-year-old triathlete, who is Miguel Vázquez, founder of the Ueno 'Easy to open account was bait': Brazili…
Asunción, 8 Nov (EFE).- Airplanes, luxury vehicles, a yacht and abundant documentation are part of the objects seized by the authorities in Paraguay within the investigation for the closure of Ueno bank, which cost the post to the now former president Santiago Peña and to the former holder of the Central Bank Carlos Carvallo. After the scandal [...] The entrance Luxury cars, planes, a yacht and documents, the seizures in case Ueno in Paraguay wa…
It emerges from the records of the Public Prosecutor's Office and the Paraguayan Police, after the raids in different parts of the country.
Noticias de Navarra
An Italian-made yacht, two private aircraft, nine luxury vehicles and a significant amount of documentation and computer equipment. It is part of the heritage that Paraguayan authorities have intervened in the investigation into the collapse of Ueno Bank, the financial scandal that has triggered a deep political crisis in the country and has ended with the dismissal of former president Santiago Peña.
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