Diario Libre reports today that the former legal advisor to the Central Bank, Jorge Luis Polanco, resigned his post on 12 January only to announce on 30 January that he would participate as part of the defense bar for those accused by the Central Bank of fraud and embezzlement in the cases of the Baninter and Bancredito collapsed banking operations. The newspaper points out that Polanco was a key participant in preparing the case against the Bancredito bankers. The newspaper says that the Central Bank has paid US$1.6 million to the lawyers pleading the case against the bankers for the Bancredito case alone.