Judge Julio César Arias has decided to lift the impoundment of the Cenis securities.
Armando Juárez, special prosecutor who directed the Cenis investigation, said Judge Arias has reponded to the petition of the President of the Central Bank of Nicaragua, Antenor Rosales, who argued for the national interest.
The lifting of the impoundment occurs a week after central bank authorities and Banpro signed an agreement to lengthen the maturity time for the payment of the Cenis and to lower the interest rate.
Nicaragua's central bank is going to pay Banco de la Producción the US$157 million it owes over the Cenis scandal, in which millions of dollars of private debt were turned into government obligations.
The central bank will pay the debt off over 20 years at a relatively low interest rate in a deal that will lift the threat of a sequestering order imposed by a judge.
Armando Juárez, who heads the criminal inquiry into a Nicaraguan banking fraud, said he will continue with the investigation despite claims by Central Bank governor Antenor Rosales that the matter has been resolved.
Meanwhile, Juárez said that bonds backing the Negotiable Certificates of Investment (Cenis) would remain frozen. The investigation is reaching its final stages, he added.