Paraguay's ousted president Peña ordered detained over collapsed lender
AI summary
Paraguay's ousted President Santiago Peña was ordered into pretrial detention over alleged conflicts of interest involving the collapsed digital lender ueno. Prosecutors accuse him of using his position to benefit the bank, a crisis that has triggered political upheaval and financial instability.
Key takeaways
- Peña faces charges of breach of trust and administration for personal gain.
- Prosecutors allege he influenced government agencies to maintain deposits with ueno.
- Former central bank chief Carlos Carvallo was also charged in the investigation.
- Vice President Pedro Alliana was sworn in as Paraguay's new president.
Read the original at India Today
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