Paraguay's impeached President Pena placed under house arrest in banking crisis

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Paraguay's impeached President Santiago Pena was placed under house arrest on Friday, days after being ousted, over a banking crisis linked to his government. Pena faces breach of trust charges following the collapse of Ueno Bank, which left around 3 million people unable to access their funds. The Senate voted 44-0 to convict him of poor performance, stripping his presidential immunity. Thousands have protested across Paraguay demanding accountability, with some lawmakers from Pena's own party backing his impeachment. The Central Bank has begun advance payments to affected depositors, while the US embassy expressed solidarity without mentioning the president.


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