Itaipu denounces Ueno Bank to recover US$ 163.8 million
Itaipu goes to court against former Ueno Bank directors for US$ 163.8 million; Peña is indicted. Read in Gazeta do Povo.
TL;DR
- Itaipu Binacional filed a criminal complaint against Ueno Bank directors to recover US$ 163.8 million and 115.2 billion Paraguayan guaranis.
- Ueno Bank's operations were halted by the Central Bank of Paraguay due to its solvency index falling below the required minimum.
- The complaint alleges crimes including fraud, breach of trust, and improper conduct.
- Former Paraguayan President Santiago Peña and former Central Bank President Carlos Carvallo have also been indicted in connection with the case.