
Court issues warrant due to ‘fear of escape and destruction of evidence’
AI-generated summary
Former President Santiago Peña was impeached and removed from office on charges of involvement in the process of attracting public funds to Bank Ueno.
Local media reported on the 8th that former President Santiago Peña, who was dismissed on the 6th (local time) due to his involvement in suspicions of banking corruption, was detained.
According to ABC Color and Infoba, former President Peña is imprisoned in general accommodation in the Presidential Guard Regiment located in the capital Asunción. He was transferred from his home to the security regiment in the early morning of the 7th according to the prosecution's emergency arrest order.
At the time, there were hundreds of protesters in front of the house demanding that he be imprisoned in a general prison, and local media reported that the protesters threw rocks and eggs at the vehicle in which former President Peña was being transported.
Former President Peña is staying in a regular room without bars and is allowed to use cell phones and visit people according to a court order. His dismissal was confirmed in the impeachment vote held in the Senate, and the court issued an arrest warrant the afternoon before to prevent him from escaping and destroying evidence.
Prosecutors have indicted Peña on charges of breach of trust and pursuing personal gain. He is suspected of being involved in the process of attracting huge funds from public and pension institutions to Ueno Bank. Prosecutor Christian Benitez said he could face up to 10 years in prison.
Ueno Bank, which has over 3 million customers, enjoyed success for several years under the protection of the government, but its operations were suspended on the 3rd due to poor management.
AI outlook — possibilities, not facts
Formal trial begins against former President Santiago Peña on charges of breach of trust and pursuit of private interests
Very likely · Within months

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