Opinion column contrasts the Ueno Bank case with Grupo Herdez's legal dispute
An El Financiero column analyzes the case of Ueno Bank in Paraguay, where its chairman resigned to become head of the central bank and the country's president is a shareholder in the bank. The text points to multi-million loans to companies in the same group that removed credit from the balance sheet and left the institution below recommended reserve levels. It also addresses Grupo Herdez's dispute with a former employee who, according to the company, faked an employment relationship and demanded 20 million pesos.
In 40 seconds
- The text questions that Ueno Bank's chairman moved on to head Paraguay's central bank
- It points to loans to companies in the same group that left the bank below recommended reserve levels
- Grupo Herdez has faced extortion attempts from a former employee since 2007, according to the column
Read the full story at El Financiero
IASummary generated by artificial intelligence from a story by El Financiero. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.