@trendingteeadaily: 🚨 PARAGUAY BANKING SCANDAL: MILLIONS OF CUSTOMERS LEFT IN LIMBO AS PRESIDENT FACES IMPEACHMENT CALLS Paraguay is facing a major financial and political crisis after its Central Bank seized control of Ueno Bank, one of the country's biggest digital lenders. The bank, which reportedly serves around 3 million customers, was taken over after regulators discovered that its financial health had fallen below the legally required level. Customers were left unable to access their accounts, sparking frustration and protests. The scandal has taken a political turn, with 35 opposition lawmakers filing impeachment articles against President Santiago Peña over alleged conflicts of interest and questions surrounding public funds linked to the bank. Eight bank executives have also been detained as criminal investigations continue. The country's Central Bank chief, Carlos Carvallo, has submitted his resignation following the growing controversy. Authorities say depositors are protected up to approximately $38,000 per person, while questions remain over the recovery of larger balances. #TTDNews #Paraguay #BankingCrisis #WorldNews #BreakingNews
Trending tea Daily
Region: US
Thursday 05 November 2026 11:49:54 GMT
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