AGP Executive Report
Last update: 2 minutes agoPolitical Crisis: A judge ordered former president Santiago Peña held in pretrial detention at a military facility after prosecutors charged him over the collapse of Ueno Bank. They allege he used his office to benefit the lender through public and pension-fund deposits; Peña denies wrongdoing. Former central bank chief Carlos Carvallo also faces charges. Banking Fallout: The collapse disrupted access to accounts for nearly 3 million customers and fueled protests. The Central Bank says more than 1.19 million accounts have received funds so far. Leadership Change: Pedro Alliana was sworn in to serve the remainder of Peña’s term and pledged to protect depositors. He says about 90,000 Social Security retirees will receive pensions and bonuses on Nov. 17.
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