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Paraguay’s President Pena impeached over Ueno banking crisis, placed under house arrest

Agence France-Presse · South China Morning Post
Published 7 Nov 2026, 10:41 am·1 h ago·1 min read
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Paraguayan President Santiago Pena was placed under house arrest on Friday on suspicion of breach of trust, shortly after the Senate removed him from office over the collapse of a major bank tied to his government. Pena had offered his resignation over the disaster, but lawmakers pressed ahead with impeachment proceedings that would strip him of immunity granted to former presidents. He did not attend the trial in the Senate despite earlier pledging to defend himself. The president “is declared...

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Paraguay President Santiago Peña resigns after bank collapse
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