Coverage dated November 3, 2026 to November 8, 2026
Paraguay’s ousted president charged with crimes linked to collapse of major bank
Headline from WHEC Rochester, on the newest of 3 developments
Prosecutors in Paraguay charged the South American nation’s recently deposed president with two crimes linked to the collapse of a major bank, that has jeopardized the savings of hundreds of thousands of account holders, and unleashed the nation’s biggest political crisis in a decade.
WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Paraguay’s President Santiago Peña impeached and placed under house arrest
Headline from BNO News ·
Who Is Pedro Alliana? The Man Tasked With Rebuilding Paraguay After Its Worst Financial Scandal in Decades
Headline from Latin Times ·
Newest
Paraguay’s ousted president charged with crimes linked to collapse of major bank
ASUNCIÓN, Paraguay -- Paraguay's central bank seized a major digital lender with close ties to President Santiago Peña on Tuesday, fueling a political crisis and threatening the country's burgeoning reputation as a regional haven for investors.
Paraguay's central bank seized Ueno Bank after its solvency ratio fell below half the legal minimum, putting millions of customers and about $380 million in public funds at risk.
The announcement comes as the country's legislature was expected to vote on whether to impeach the president. Shortly after Peña's resignation, the lawmakers decided to move forward with the impeachment.
The Paraguayan opposition presented a motion to remove President Santiago Pena from office over the Central Bank's seizure of a major lender linked to him, a lawmaker told AFP on Wednesday.
The collapse of a bank serving nearly 3 million customers in Paraguay has sparked street protests and an impeachment bid against President Santiago Peña, according to local media. Customers have been unable to access their money, including hundreds of millions of dollars held by the country’s social…
Paraguayan President Santiago Peña stepped down Thursday after the collapse of a major commercial bank with ties to his government plunged the South American nation into financial and social turmoil.
Paraguay's President Santiago Pena has resigned amid a crisis over his ties to collapsed lender Ueno. Millions of customers' accounts are frozen, with public pension and health care funds also tied up.
Paraguay's President Santiago Pena has resigned amid a crisis over his ties to collapsed lender Ueno. Millions of customers' accounts are frozen, with public pension and health care funds also tied up.
By Gonzalo Zegarra, CNN (CNN) — Paraguayan President Santiago Peña resigned from office this Thursday after Ueno Bank was shut down in the middle of the night due to a solvency crisis, leaving customers unable to access their money and triggering a scandal.
By Gonzalo Zegarra, CNN (CNN) — Paraguayan President Santiago Peña resigned from office this Thursday after Ueno Bank was shut down in the middle of the night due to a solvency crisis, leaving thousands of customers unable to access their money and triggering a scandal.
ASUNCION >> Paraguayan President Santiago Peña resigned today following the collapse of a prominent digital lender to which he had former business links, putting him under intense pressure as nearly half the population was left without access to their bank accounts.
Paraguay’s lower house voted unanimously to impeach President Santiago Peña on Thursday, just minutes after he announced his resignation on X. Protesters have rallied in the streets since the takeover of a bank linked to Peña blocked millions of people, including pensioners, from accessing their mon…
By Gonzalo Zegarra, CNN (CNN) — Paraguayan President Santiago Peña resigned from office this Thursday after Ueno Bank was shut down in the middle of the night due to a solvency crisis, leaving millions of customers unable to access their money and triggering a scandal.
Paraguayan President Santiago Peña resigned as Ueno Bank’s collapse and frozen customer deposits triggered public protests and an impeachment push in Congress. Peña apologized and said ensuring depositors recover their savings was a priority.
Conservative Santiago Peña of Paraguay resigned from the presidency of his country on Thursday after the Paraguayan legislature began impeachment proceedings against him for his allegedly role in the seizure of one of the largest banks in the country, which left millions unable to access their own m…
Paraguayan lawmakers voted to impeach President Santiago Peña minutes after his resignation, as the collapse of a digital bank tied to his government froze millions of people's savings.
Santiago Peña’s administration had authorised Ueno Bank to drastically expand its operations before its collapse Paraguay’s rightwing president, Santiago Peña, resigned on Thursday after a political and financial crisis collapsed the South American country’s banking system in recent days.
