Prosecutors Order Arrest of Ousted Paraguayan President Santiago Peña Following Bank Collapse
Prosecutors say the case involves alleged breach of trust, while 3 million customers lost access to savings after regulators seized Ueno Bank.
- On Friday, the Paraguayan Senate unanimously ousted President Santiago Peña over the collapse of Ueno Bank, which froze savings for nearly 3 million customers; Vice President Pedro Alliana will succeed him.
- Lawmakers accused Peña of steering more than $800 million in public funds into Ueno while allegedly permitting the state pension fund to deposit $355 million beyond legal limits.
- Paraguayan prosecutors ordered the arrest of Peña and former central bank chief Carlos Carvallo on Friday, while authorities charged 27 people, including controlling shareholder Miguel Vázquez, with crimes like breach of trust.
- Public outrage has intensified as Paraguay's largest teachers' union, with more than 40,000 members, plans a national strike Monday; thousands of protesters clashed with police this week demanding frozen savings be returned.
- Under the detention order, Peña is held at his home until he appears before prosecutors in the economic crimes unit, while Carvallo faces detention at a police facility as investigations continue.
38 Articles
38 Articles
The Attorney General’s Office of Paraguay ordered on Friday the house arrest of former President Santiago Peña for “injury of confidence” and only minutes after the Senate removed him from office and left him without any authority, in the midst of the political crisis unleashed by the closure of Ueno Bank. According to EFE, the order, formalized in Case No. 92/2026 and addressed to the commander of the National Police, asks to guarantee Peña’s h…
The Daily Advance
Ousted Paraguayan president placed under house arrest after bank collapse
Paraguay’s ousted president, Santiago Peña, was placed under house arrest on suspicion of breach of trust as prosecutors investigate the collapse of Ueno Bank. On Friday, the Senate removed Peña in a unanimous vote by the 44 senators present, and…
He resigned two days ago after the impeachment request
The Paraguayan Public Prosecutor ' s Office issued a warrant for the detention of the President of the Republic, Santiago Peña, as part of the investigation into the financial scandal; the investigating authorities suspected the country ' s former leadership of abuse of trust and other offences against the background of the collapse of the Ueno Bank credit organization; wrote to ABC.Order to arrest the national police command for manda…
Must stay at home until the action of the Pm (ANSA)
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