Judge orders Paraguay's ex-president Peña held before trial
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- ✓A Paraguayan judge on Saturday ordered former President Santiago Peña held in pretrial detention at a military facility.
- ✓Prosecutors are investigating his ties to the collapsed lender ueno.
- ✓His attorney, Ricardo Preda, said, "We will submit to the investigation and I am sure that the result will be the dismissal."
Story at a Glance
- Category
- Indian Markets
- Reported By
- Reuters
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
ASUNCION, Nov 7 (Reuters) - A Paraguayan judge on Saturday ordered former President Santiago Peña held in pretrial detention at a military facility while prosecutors investigate his ties to digital lender ueno, whose collapse has left millions of customers struggling to access their accounts.
Judge Humberto Otazú ordered Peña, who has been charged with breach of trust and administration for personal gain, held at the facility, saying detention was necessary to ensure he remained in the country while the case proceeded.
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The detention, a day after Peña's removal from office, deepens a political and financial crisis that has prompted protests in Asuncion, swept up senior officials and led regulators to try to contain risks to the wider financial system.
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Reuters
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