Radar Telegram alerts Open Radar

The collapse of the largest digital bank in Paraguay provokes mass protests and threats of impeachment to the presidency. About 3 million customers of Oano Bank were left without access to their accounts after the intervention of the central bank. Among the frozen funds were $380 million from the state's pension fund. Against the backdrop of the scandal, the head of the central bank resigned, 8 bank managers were arrested, and the opposition began impeachment proceedings against President Santiago Peña due to his previous connections with the owners of the financial institution. The authorities guarantee the return of deposits up to 38 thousand dollars per person. The fate of the rest of the money is still unknown.

תרגם לעברית

Военач · · Source

🇵🇾 פרגוואי · Map

The collapse of the largest digital bank in Paraguay provokes mass protests and threats of impeachment to the presidency. About 3 million customers of Oano Bank were left without access to their accounts after the intervention of the central bank. Among the frozen funds were $380 million from the state's pension fund. Against the backdrop of the scandal, the head of the central bank resigned, 8 bank managers were arrested, and the opposition began impeachment proceedings against President Santiago Peña due to his previous connections with the owners of the financial institution. The authorities guarantee the return of deposits up to 38 thousand dollars per person. The fate of the rest of the money is still unknown.

The collapse of the largest digital bank in Paraguay provokes mass protests and threats of impeachment to the presidency. About 3 million customers of Oano Bank were left without access to their accounts after the intervention of the central bank. Among the frozen funds were $380 million from the state's pension fund. Against the backdrop of the scandal, the head of the central bank resigned, 8 bank managers were arrested, and the opposition began impeachment proceedings against President Santiago Peña due to his previous connections with the owners of the financial institution. The authorities guarantee the return of deposits up to 38 thousand dollars per person. The fate of the rest of the money is still unknown.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram