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Banking scandal topples Paraguay leader

Paraguay’s ousted president Santiago Peña has been placed under house arrest after senators unanimously voted to remove him over a banking scandal.

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated November 7, 2026, 12:16 PM UTC

Peña denies any wrongdoing, while his successor, Pedro Alliana, has pledged to compensate those affected.

The collapse of Ueno Bank left nearly three million customers unable to access their savings.

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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