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Paraguay

Deputy Threatens to Push for Impeachment if the BCP Does Not Clarify Its Oversight of Ueno

Roberto González questioned the government of Santiago Peña and the Central Bank of Paraguay over doubts about transparency and the stability of the financial system. According to ABC Color, he warned that he will promote impeachment if there is no objective response to the Senate’s request for information.

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Foto: ABC Color
Foto: ABC Color

The dissident Colorado deputy Roberto González warned that he will push for impeachment if the Central Bank of Paraguay does not respond “with objectivity and accuracy” to the request for information submitted in the Senate regarding the situation of Ueno Bank, according to ABC Color.

During his remarks in the Chamber, González said he does not want to be “an accomplice and cover-up” through his silence and linked the situation to the handling of the government of Santiago Peña and the head of the BCP, Carlos Carvallo Spalding. In that context, he said there are doubts about the stability and transparency of the financial system.

According to ABC Color, the lawmaker said there is concern among actors in the financial sector, including the Association of Banks of Paraguay, over the solvency of the entity linked to the president and the concentration of funds from the Social Security Institute and public resources.

González said that, if there were a crisis with deposits, the first exposed would be savers and public funds. He also said that both the congressional request for information and the letter submitted by Asoban to the Executive Branch mark a turning point for the confidence built over decades in the financial system.

According to ABC Color, the deputy attributed the current distrust to government decisions that, in his view, favored the bank linked to the president’s former business partners. In that line, he questioned Carvallo Spalding’s appointment at the head of the BCP and said there was a relaxation of rules that allowed public deposits to be concentrated.

He also said that Asoban’s letter raises doubts about the destination of public money deposited in Ueno and about the entity’s financial and liquidity situation. He said those are matters the Central Bank is obliged to supervise.

Sources

About this note. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.

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