Paraguay swears in new president as Peña is put under house arrest
- On Saturday, Paraguayan authorities took former President Santiago Pena to the Attorney General's office for questioning, hours after Congress impeached him over the collapse of Ueno Bank.
- Lawmakers removed Pena after regulators seized Ueno Bank last week, freezing nearly 3 million customers' savings; opponents called it the "biggest corruption scandal in our democratic history."
- Vice President Pedro Alliana assumed power Friday as prosecutors ordered Pena's arrest alongside former Central Bank chief Carlos Carvallo for allegations of insider lending and breach of trust.
- Alliana promised that "Compatriots... will be fully compensated," while the Central Bank reported 1.2 million customers received partial or full reimbursement of their insured deposits.
- Public outrage continues as thousands plan an indefinite national strike Monday to demand protection for public pension funds, following clashes with police using rubber bullets this week.
199 Articles
199 Articles
Returns to one million accountants are due but the country's holding (ANSA) is at risk.
Paraguay prosecutors want impeached president detained ahead of corruption trial
Paraguayan prosecutors on Saturday charged former president Santiago Peña with breach of trust and administration for personal gain and asked a court to jail him pending trial, a day after his impeachment over the collapse of digital lender Ueno.
The Paraguayan Public Prosecutor's Office has requested that the former President of Santiago Peña and the former head of the Central Bank, Carlos Carvalo, remain in custody during the investigation of the Ueno Bank case. "Procuratur requested the criminal guarantees court's preliminary detention for both accused," says the agency's report to TASS. It is noted that Peña is charged with "incriminating trust and managing property for personal gain…
Pedro Alliana assumes as new head of state with changes in the Cabinet and a message of tranquility for savers affected by the Ueno Bank scandal in a climate of tension
The former President of Paraguay was transferred to the Public Prosecutor's Office for questioning hours after Congress dismissed him.
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