Paraguay Arrests President Peña Over Ueno Bank Collapse; Alliana Sworn In

ilsole24ore.com (Italian) —

Former Paraguayan President Santiago Peña was arrested at his home in Asunción by judicial order in connection with the Ueno Bank collapse, as Pedro Alliana was sworn in as his successor following an impeachment process. Peña faces accusations related to the banking crisis. Hundreds of protesters gathered overnight demanding Peña be jailed rather than held under house arrest, with one police officer injured by a stone during clashes. The Senate unanimously found Peña guilty of "poor exercise of his functions," removing him from office. Peña had served since 2023, and the bank crisis affected savings of nearly 3 million people. Brazilian President Lula da Silva congratulated Alliana, expressing hopes for bilateral cooperation, while uncertainty remains over fund restitution.


With a significance score of 3, this news ranks in the top 9.2% of today's 29272 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: