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Peña Skips Senate Impeachment Trial as Paraguay Reels From Ueno Bank Collapse – WTOP News

Senators opened the case after the lower chamber voted to impeach Peña over alleged wrongdoing, setting up a removal vote in the upper house.

  • On Friday, Paraguay's Senate formally opened an impeachment trial against President Santiago Peña, rejecting his resignation offer. Lawmakers seek to remove him over allegations of conflicts of interest linked to the collapse of Ueno Bank.
  • The crisis began Tuesday when Paraguay's central bank seized Ueno Bank, leaving millions unable to access accounts. The lender held about $800 million in public deposits, including state pension and health program funds.
  • Congress rushed through a law Wednesday guaranteeing state repayment of stranded accounts, securing up to about $36,000 per customer. The legislation covers about 97 percent of Ueno's clients' full balances.
  • Both houses of Congress refused Peña's resignation offer to block his transition to a senator-for-life role with legal immunity. If removed from office, Vice President Pedro Alliana would assume the presidency.
  • Attorney General Emiliano Rolón Fernández has ordered criminal investigations into the crisis, with 27 officials charged. Paraguay ranks poorly on Transparency International's index, underscoring institutional corruption concerns.
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der Standard ATder Standard AT
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The head of state announced to defend himself in the Senate against the allegations. A banking scandal had plunged Paraguay into a government crisis

·Vienna, Austria
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The House of Senators of Paraguay began this Friday the extraordinary session for the political trial of President Santiago Peña, who is pointed out in the financial scandal of Ueno Bank, a crisis that keeps three million clients without access to its funds. The process advanced after the plenary rejected ...

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The Senate of Paraguay began on Friday, November 6, 2026 the political trial against President Santiago Peña, involved in a banking scandal that left three million customers, almost half of the population, without access to their deposits. The political trial approved on Thursday by the deputies was activated after the rejection of... The entry Paraguayan Senate begins political trial against President Peña for banking scandal was first publishe…

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der Standard AT broke the news in Vienna, Austria on Friday, November 6, 2026.
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