Pedro Alliana Sworn In as Paraguay's President After Senate Impeaches Pena
Pedro Alliana was sworn in as Paraguay's new president on Saturday after the Senate unanimously impeached Santiago Pena, who was placed under house arrest over the collapse of Ueno Bank. The impeachment stems from the bank's failure, which left nearly three million customers unable to access savings. Alliana will serve until August 2028 and has promised to help affected depositors. Pena faces questioning over alleged breach of trust, influence peddling, and misappropriation of funds. Prosecutors are also investigating Alliana's possible links to the scandal, though an opposition impeachment attempt was shelved. The Central Bank has begun releasing advance payments to eligible depositors, while protests continue across the country demanding accountability.