Police and prosecutors search home of former Paraguayan president

Paraguay's police and prosecutors are raiding the capital's home of former president Santiago Peña as part of an investigation into the collapse of Ueno Bank, after which the accounts of about three million customers were frozen. This was reported by the newspaper ABC Color.

According to the publication, law enforcement officers also arrived with a search to the former head of the Central Bank of Paraguay Carlos Carvalho.

Earlier, the search took place at Peña's house in the resort town of San Bernardino. There, according to ABC Color, found a hidden vault, but to get inside the investigators have not yet managed.

On November 6, Paraguayan senators approved the impeachment of Peñer amid the scandal surrounding Ueno Bank. After his dismissal, the former president was arrested. Prosecutors charged him with abuse of trust and use of office for personal purposes.

The investigation checks possible violations when placing state and pension funds in the bank, as well as when supervising its activities.

On November 3, the Central Bank of Paraguay introduced external management in Ueno, after which customer accounts were frozen. It is estimated that the credit institution was used by about three million people in the country's population of about seven million.