Paraguay swears in new president as Peña is put under house arrest
Vice President Pedro Alliana takes office as prosecutors investigate alleged breach of trust in the collapse of digital lender Ueno.
- On Friday, the Senate unanimously impeached Paraguayan President Santiago for malfeasance in office, placing him under house arrest following the collapse of Ueno Bank.
- Paraguay's central bank seized control of Ueno Bank on Tuesday, citing a failure to meet legal solvency standards, which triggered the political crisis.
- The collapse left about 3 million customers without access to their money, sparking widespread protests across Asunción as citizens demanded accountability.
- Vice President Pedro Alliana was sworn in Friday to serve until August 2028, immediately announcing plans to compensate citizens who lost funds.
- Appearing before Prosecutors on Saturday, Paraguayan President Santiago faced trial for breach of trust, stating, "I want to apologize to the Paraguayan people if I have failed you.
264 Articles
264 Articles
Pena tests for nearly 3 hours at Attorney General's Office following arrest
Paraguay's ousted president Peña ordered detained over collapsed lender
A Paraguayan court ordered former president Santiago Peña into pretrial detention over alleged links to ueno. The case deepens a political and financial crisis following the digital lender's collapse.
The spokesman-Review
The Star Kuala LumpurJudge orders Paraguay's ex-president Peña held before trial
ASUNCION, Paraguay – A Paraguayan judge on Saturday ordered former President Santiago Peña held in pretrial detention at a military facility while prosecutors investigate his ties to digital lender ueno, whose collapse has left millions of customers struggling to access their accounts. Judge Humberto Otazú ordered Peña, who has been charged with breach of trust and administration for personal gain, held at the facility, saying detention was ne…
Former Paraguayan President Santiago Peña Remains in Pretrial Detention, Charged with Banking Crisis
Peña was charged with an alleged breach of trust and administration for his own benefit.
Reformatorisch Dagblad
Paraguayan prosecutors filed formal charges against ousted President Santiago Peña on Saturday. The conservative ex-president is accused of involvement in a banking crisis.
The prosecutor's office in Paraguay also requested the pre-trial detention and freezing of the assets of former central bank chief Carlos Carvajal The post Paraguay: Prosecutor's office indicts former president Peña and requests his pre-trial detention appeared first on in.gr.
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