Bloomberg: Paraguay’s ex-president Peña detained on corruption charges linked to Ueno collapse

Bloomberg reports that former President Santiago Peña and former central bank chief Carlos Carvallo were detained on corruption charges related to Ueno Bank’s collapse, which left more than 2.9 million clients without access to their money. The Economist says deposit insurance has begun returning money to more than 1.8 million people, while the wider economic impact remains unclear.