To that end, what did President Pena mean exactly when he said the Paraguayan state itself, well wrapped up in the now defunct Banco Ueno, planned to take a stake in the Blas Zapag-founded, Goldman Sachs and Trafigura-sponsored, and Per Olofsson-led “Paracel”?
Banco Ueno, collapsed this week under money laundering and financial malpractice and resulting in President Pena’s possible impeachment and the resignation of Paraguay’s Central Bank chief, counted some 60% of Paraguay’s population as depositors.
