Paraguay ex-president charged in bank collapse that stranded millions

hindustantimes.com —

Paraguayan prosecutors charged impeached ex-president Santiago Pena over his alleged role in a banking crisis that left millions unable to access funds and triggered major protests. Pena was removed by the Senate on Friday after the collapse of Ueno Bank, where he held shares until last year. He faces charges of "breach of trust and mismanagement for personal gain" and was arrested within an hour of his impeachment. Prosecutors requested preventive custody and asset freezes for Pena and former Central Bank president Carlos Carvallo. Successor Pedro Alliana promised to aid nearly three million affected depositors, though some protesters criticized his Colorado Party ties.


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