Paraguay's ousted president placed under house arrest after bank collapse

Paraguay's Senate removed President Santiago Peña from office Friday, and he was immediately placed under house arrest on suspicion of breach of trust following the collapse of Ueno Bank. The unanimous vote by 44 senators came after regulators seized the bank, cutting off nearly three million customers from their savings. Prosecutors ordered Peña held at home pending a hearing, while lawmakers accused him of steering public funds into the bank and overlooking risky lending. Vice President Pedro Alliana was sworn in to serve until August 2028, inheriting pressure to return depositors' money. Peña denied wrongdoing, and his removal also strips him of a lifetime Senate seat and its parliamentary immunity.