Paraguay widens probe into bank collapse

Financial woes: Fiore (second left), accompanied by investigators, arrives at the residence of Pena following his arrest. He faces corruption and breach-of-trust charges linked to the crisis at former online lender Ueno Bank. — AFP

ASUNCION: Paraguayan prosecutors raid the home of the ousted president on Monday and sought international assistance to trace missing funds from a digital bank whose collapse has triggered financial and political turmoil.

Money trickled back to some Paraguayans hit by the chaotic implosion of Ueno Bank almost a week ago while the nation’s newly appointed President looked to shuffle his cabinet.