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The head of the central bank of Paraguay, Carlos Carvalho, resigned at the request of the country's president Santiago Peña as the process of restructuring the digital bank ueno began, Reuters reports. The credit institution serves about 3 million customers and manages public funds to the extent of 850 million dollars. Prosecutors have launched a criminal investigation and issued arrest warrants for eight people associated with the bank, and authorities are preparing legislation to use a national guarantee fund to compensate depositors.

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The head of the central bank of Paraguay, Carlos Carvalho, resigned at the request of the country's president Santiago Peña as the process of restructuring the digital bank ueno began, Reuters reports. The credit institution serves about 3 million customers and manages public funds to the extent of 850 million dollars. Prosecutors have launched a criminal investigation and issued arrest warrants for eight people associated with the bank, and authorities are preparing legislation to use a national guarantee fund to compensate depositors.

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