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Ueno Bank

Peña Arrested Over Bank Collapse That Paralyzed Savings

Peña Arrested Over Bank Collapse That Paralyzed Savings

November 7, 2026 by Omar El Sayed - World Editor

Paraguay’s ousted President Santiago Peña was placed under house arrest Friday on charges of breach of trust and influence peddling, hours after the Senate unanimously voted to remove him from office over the collapse of a major digital bank with close ties to his government.

Categories World Tags Santiago Peña, Ueno Bank
Paraguayan Senate Impeaches Santiago Peña Following Bank Collapse

Paraguayan Senate Impeaches Santiago Peña Following Bank Collapse

November 7, 2026 by Omar El Sayed - World Editor

The Paraguayan Senate unanimously impeached and removed President Santiago Peña on Friday, following the collapse of Ueno Bank, a crisis that has frozen the savings of nearly three million people and triggered widespread political unrest.

Categories World Tags Santiago Peña, Ueno Bank, Ueno Bank collapse

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