PARAGUAY Banking Scandal Triggers Paraguayan Crisis — Part One EVAN ELLIS 1 111226

1870 ASUNCION PARAGUAY
Banking Scandal Triggers Paraguayan Crisis — Part One
Evan Ellis examines the banking scandal in Paraguay that led to the impeachment and imprisonment of President Santiago Peña over fraudulent loan schemes. While former president Horacio Cartes consolidated control of the ruling party, established legal frameworks protected small bank depositors. (13)