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Paraguayan prosecutors raid Santiago Peña's luxury home in Ueno bank case

elnacional.com (Spanish) — November 9, 2026 at 12:02 AM UTC

Paraguayan prosecutors raided a luxury home belonging to former President Santiago Peña on Sunday as part of the Ueno bank investigation, according to an official statement. Peña is currently in pretrial detention. Prosecutors Silvia González, Cristhian Benítez, and Elena Fiore led the operation at the property in San Bernardino, about 50 kilometers from Asunción. Peña was impeached and removed from office for "mal desempeño de funciones" and charged Saturday with breach of trust and self-dealing. The bank's collapse froze funds for 2.94 million clients, including state institutions. Prosecutors allege Ueno bank granted Peña two loans in May 2024 totaling about $577,192 to build the residence, with monthly payments six times his presidential salary. The home is valued at over $1 million.

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