Paraguay President Peña resigns under mounting pressure from bank collapse
- Paraguayan President Santiago Peña resigned amid a political crisis over the Ueno Bank collapse and after losing support within the Colorado Party.
- Paraguay’s Central Bank seized Ueno after its solvency ratio fell below half the legal minimum, freezing accounts, cards, and transfers for about three million customers.
- Ueno held an estimated $800 million to $850 million in public funds, including money from state pension and health funds.
- The lower house voted unanimously, 78-0, to impeach Peña, while Vice President Pedro Alliana was set to take over.
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787 Articles
How did Paraguay bank ‘Ueno' collapse? Explained
Paraguay's political and financial crisis deepened this week after Ueno Bank, a once-celebrated digital lender, collapsed, freezing millions of accounts and triggering impeachment proceedings against President Santiago Pena.Pena...
Trump Ally and Paraguayan President Resigns After Massive Bank Collapse Freezes Savings of Nearly 3 MILLION Customers — Furious Protesters Flood Streets as Lawmakers Move to Impeach Him * The Gateway Pundit * by Jim Hᴏft
Paraguayan President Santiago Peña announced his resignation Thursday, November 5, 2026, as the sudden collapse of digital lender Ueno Bank locked nearly three…
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Paraguay President Santiago Peña Announces Resignation as $850 Million Bank Scandal Triggers Impeachment Proceedings
Paraguayan President Santiago Peña announced his resignation after the collapse of Ueno Bank froze approximately 3 million customer accounts, sparked nationwide protests and prompted lawmakers ... The post Paraguay President Santiago Peña Announces Resignation as $850 Million Bank Scandal Triggers Impeachment Proceedings first appeared on [your]NEWS.
In the midst of a banking scandal, Paraguay's President Santiago Peña remains in office against his will.
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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