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.
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.
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