Paraguayan MP launches search and seizure operation at Santiago Peña's home
Investigators find secret safe with Israeli security system at residence linked to former president
TL;DR
- The Public Ministry of Paraguay executed a search and seizure at ex-president Santiago Peña's residence.
- The operation is linked to investigations into a banking collapse and Peña's impeachment and arrest.
- A hidden safe with an Israeli security system was found behind a false wall at the property.
- The property's construction, valued at 7.7 billion guaranis, may have been funded by loans from Ueno Bank.
- Ueno Bank was intervened and closed by the Central Bank of Paraguay due to insolvency.
- Peña is accused of crimes including breach of trust, self-enrichment, and falsification of documents.
- The banking scandal has caused an estimated preliminary patrimonial loss of US$809.5 million.
- Peña was impeached, arrested, and ordered into preventive detention in a military regiment.
- The collapse of Ueno Bank has affected approximately 3 million customers.