A group of lawmakers presented a nonbinding proposal urging the executive branch, the Central Bank of Paraguay (BCP) and the National Development Bank (BNF) to take urgent steps to ensure the security and continuity of automatic-debit services for businesses that comply with regulations and are not linked to fraud schemes. The document was signed by lawmakers Carlos Núñez Salinas, Rubén Roussillón, Francisco Pettersen and Jatar Fernández.
The sponsors argue that it is necessary to safeguard legal certainty, financial inclusion and the economic activity of formal businesses operating lawfully in the country. The proposal comes amid allegations of forgery and fraud in the financial sector, in a scheme informally known as the “Promissory Note Mafia.”
The document says the situation calls for rigorous action by the authorities to dismantle criminal structures and protect consumer rights. According to the sponsors, contingency measures or broad restrictions in the financial system have had adverse effects on formal businesses.
The lawmakers advocate differentiated control protocols that would isolate and penalize companies accused of fraud while ensuring the security and continuity of automatic-debit services for businesses that meet legal requirements.