Paraguay court detains ex-central bank chief over Ueno Bank collapse

A Paraguayan court ordered the pre-trial detention of former Central Bank head Carlos Carvallo in connection with the collapse of Ueno Bank, which froze accounts of about 3 million clients. The judge set a 15-day preliminary arrest for Carvallo, who faces charges of abuse of trust, misuse of office, and document forgery. The prosecution's investigation concerns alleged irregularities in placing state and pension funds in the bank. The Central Bank of Paraguay placed Ueno Bank under external administration on November 3, freezing all accounts. Former President Santiago Peña, impeached on November 6, was also ordered into pre-trial detention in the same case.