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Paraguay President Peña resigns under mounting pressure from bank collapse

  • Paraguayan President Santiago Peña announced his resignation after the Central Bank seized Ueno Bank, freezing deposits for about three million people and sparking nationwide protests.
  • Lawmakers voted 78–0 to begin impeachment proceedings, alleging misconduct and a conflict of interest involving Peña’s ties to Ueno Bank.
  • Congress separately considered whether to accept Peña’s resignation, while Peña said he would attend the impeachment trial.
  • Vice President Pedro Alliana was next in line to lead Paraguay, while authorities investigated Ueno executives and arranged ways for customers to access their funds.
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In the midst of a banking scandal, Paraguay's President Santiago Peña remains in office against his will.

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President Santiago Peña resigned and the parliament accused him. Thousands protest in the capital: "We want your head" . The article Paraguay, seized the Ueno Bank: frozen the savings of 3 million people comes from The Truth.

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Telemundo Area de la Bahía 48 broke the news on Thursday, November 5, 2026.
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