The citizens of Assumption They will continue to pay for almost three years plus the interest and principal of the G6 bonds (2020)with which the former mayor Óscar “Nenecho” Rodríguez (ANR-chartista) promised to invest in the revitalization of 10 public squares. Unpublished documents from the municipality itself, obtained exclusively by ABC, confirmed in 2026 that said projects They were never planned.
The original broadcast of the G6 bonuses (2020) was finalized for a total of G. 100,000 million. The municipal administration had justified this millionaire debt with the promise of executing it in the development of urban infrastructureroad improvements and the provision of essential services. Many of the promises, however, were never executed.
Millions of amounts for places that were never planned
Inside the investment plan Of those bonds, urban development had specific allocations for a total of G. 19,995 million. Of that amount, the mayor promised to allocate G. 10,000 million only for the design of revitalization and construction of infrastructure in 10 squares in Asunción.
Read more: Asunción in the red: Bello says he paid G. 50,000 million to bondholders to stop lawsuits
However, as ABC revealed, the technical directorates of the capital commune confirmed in this fiscal year 2026, that they do not have any registrationconstruction plan, technical background or supporting documents that demonstrate that said civil constructions ever existed in the real planning.
The only documented case where the municipality actually initiated a physical intervention corresponds to the United Nations Plazafrom the Mburicao neighborhood. This project was awarded by Nenecho Rodríguez to D&D Architecture and Construction by G. 2,094 millionamount expanded to G. 2,332 million. The project, however, was left unfinished at the end of his term and the plaza was closed for almost three years.
According to data from the portal of the National Directorate of Public Contracts (DNCP), of the total allocated budget, the Municipality of Asunción barely certified and paid the sum of G. 971 million to the construction company, leaving the community space in a dilapidated, abandoned and unfinished state. The current mayor, Luis Bello (ANR- Chartist), terminated the contract with the contractor and the work was completed with municipal funds in December 2025.
G6 Bonds: The schedule of a debt that Asuncenos will pay until 2029
According to official data from the Municipality of Asunción, the total amount paid up to February 2025 in respect of the G6 bonds amounted to G. 102,057 millionboth the capital disbursement and the interest.
During Nenecho’s administration, the Municipality had carried out a maneuver of financial cycling by carrying out a partial redemption of the capital owed by G. 25,000 millionusing a new debt placement, the G9 bondswhose capital and interest payments go until 2035.
The commune’s documents reveal that, as of February 2025, the remaining capital balance was G. 50,000 million. To this amount are added interest for more than G. 27.5 billion. The payment schedule stipulates that the final maturity of the principal and interest securities, which amounts to G. 77.5 billionreaches the January 19, 2029.
Insults and demarcation: The furious reaction of “Nenecho” on networks
Over the weekend, former Mayor Rodríguez reacted with fury on social networks after ABC publications that exposed his management. When questioned by a user on platform no progress in the worksthe former communal chief violently attacked the Internet user with disqualifying insults.
In his defense, Nenecho again try to separate responsibilities alleging that the initial issuance of said funds and the plan to renovate places actually corresponded to the previous mayor, Mario Ferreiro. However, official records prove that Rodríguez himself signed the approval resolution as president of the Municipal Board and then signed the final issue upon assuming the executive position.
Nenecho also stated that, as mayor, canceled the previous investment scheme considering that it was excessive to allocate G. 10,000 million to “only “four seats” of the capital. At the end of his term, Nenecho left a single intervened squarehalf-heartedly, and without justifying the real destination of taxpayers’ money.
Accounting disappearance of G6 funds and the role of the Comptroller’s Office
The special current accounts that were to exclusively protect the deposits of the G6 bonuses they stopped appearing in the official balance sheets presented by the Municipality of Asunción, confirming the total accounting disappearance of said special funds as of the closing of the financial year 2024.
In your lapidary reportwhich led to the intervention of the Nenecho management, the Comptroller General of the Republic (CGR) only analyzed the fate of the G8 and G9 bonds, leaving aside the previous ones. Framed in that official report, the auditor Carlos Pereira confirmed in August of last year “terrible illegal practices” in the diversion of a total of G. 512,000 million using the G8 bond accounts. But he also did not refer to the money from the previous bonds.
In the Prosecutor’s Office, meanwhile, the diversion of money from the G8 and G9 bonds from September 2024while since last year there has been another open investigation that includes the use of G6 and G7 vouchers.
Pressured by the outcome of the intervention, Nenecho resigned from his position in August past, giving way to Luis Bello (ANR-chartist), who as councilor had endorsed his management and that, as mayor, continues until now his same stepspostponing the quality of services promised with taxpayers’ money and the payment of millionaire debts contracted by bonds for works that, in the end, were not executed.
The eight criminal cases of “Nenecho” Rodríguez and his electoral future
There is Nenecho’s management in the Prosecutor’s Office eight criminal cases open, including the purchase of “gold detergents” with emergency funds in a pandemic, a process in which there is an accusation for trust injury and criminal association.
However, Rodríguez candidate in the red inmates with the intention of being a councilor again, but he did not manage to pass. Yes they did, and they integrate the lists of councilors with a view to the municipal elections of October 4councilors and directors who accompanied and endorsed him all his questioned management. The councilors seeking re-election make up shortlists of the Colorado Party and they also represent the Liberal Party.
