WorldUpdated November 9

Police raid former Paraguayan president’s home in Ueno Bank probe

Police raided former Paraguayan president Santiago Peña’s residence as prosecutors investigate his relationship with Ueno Bank, Asharq News reported. The outlet said officers found a heavily secured safe. It also reported that Peña had held a stake in Ueno’s parent company before giving it up the previous year. The Saudi Press Agency reported that Paraguay’s Senate removed Peña amid a banking crisis that froze depositors’ savings. Authorities placed him under house arrest at his home in Asunción, and Vice President Pedro Alliana took office. These earlier developments provide context for the investigation; the reported search is an investigative step, not a finding of wrongdoing.

1 publisher1 report

Coverage started November 9