AGP Executive Report
Last update: 9 hours agoBanking Crisis: Nearly 3 million Paraguayans were locked out of Ueno Bank accounts after its collapse. Authorities say about 1.2 million customers have received roughly $160 million in initial repayments, but teachers are protesting over pension funds tied up in the bank. Political Fallout: President Pedro Alliana has asked ministers and senior officials to resign as he reshapes the government, while Congress approved economist Jorge Schreiner to lead the central bank and help restore public confidence. Investigation: Prosecutors raided ousted president Santiago Peña’s Asunción home, seized documents and electronics, and sought help from the United States, Argentina and Luxembourg to trace assets. Peña is in pre-trial detention and faces charges over alleged links to the collapse; he denies wrongdoing.
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