Bolivia

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Bolivia’s government has arrested a former Treasury Ministry official as part of an investigation into a loan from the International Monetary Fund that was renounced by new President Luís Arce, the Associated Press reported. Former Vice Minister Carlos Schlink was arrested Tuesday as he was trying to leave the country, according to prosecutor Manuel Saavedra. Three former treasury ministers also are under investigation. Schlink served under former interim President Jeanine Áñez, who herself has been detained on charges of sedition.
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Apex Silver Mines Ltd, which runs silver mining operations in Latin America, has sought bankruptcy protection from creditors with a New York court, with plans to sell its stake in a Bolivian mining operation, Reuters reported. The company filed a Chapter 11 petition with the U.S. bankruptcy court in Manhattan late Monday, and says it will receive $27.5 million plus other consideration for its stake in the San Cristbal Mine in Bolivia from Sumitomo Corp.
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