Paraguay prosecutors arrest ousted President Pena over Ueno Bank collapse

Paraguay's Congress removed President Santiago Pena from office Friday following the collapse of Ueno Bank, which froze nearly 3 million customers' savings, and prosecutors ordered his arrest on alleged breach of trust charges. He was taken for questioning Saturday. Pena, denied wrongdoing, was replaced by Vice President Pedro Alliana, who began forming a new Cabinet. The Central Bank said 1.2 million customers received partial or full reimbursement of insured deposits, while lawmakers accused Pena of steering public funds into the bank. The ouster of the U.S. ally marks Paraguay's biggest political crisis in over a decade, with thousands protesting and clashing with police. The teachers' union plans an indefinite strike Monday over pension fund protection.