Paraguay's Ex-President Peña Arrested After Senate Ouster Over Bank Collapse
Summarized from i24NEWS English by baba
Former Paraguayan President Santiago Peña was arrested Friday after the Senate ousted him over the collapse of Ueno Bank, which froze accounts for 3 million customers. Peña faces charges including breach of trust and influence peddling, which he denies. Vice President Pedro Alliana was sworn in to finish Peña's term and promised compensation for depositors. Peña had previously reopened Paraguay's embassy in Jerusalem.
The story in 6 lines · by baba
- Former Paraguayan President Santiago Peña was arrested Friday after the Senate removed him from office.
- The Senate ousted Peña due to the collapse of Ueno Bank, affecting nearly 3 million customers.
- Prosecutors are investigating Peña for breach of trust and influence peddling.
- Vice President Pedro Alliana was sworn in to complete Peña's term ending August 2028.
- Alliana pledged full compensation for depositors affected by the bank's collapse.
- Peña had reopened Paraguay's embassy in Jerusalem in December 2024.
i24NEWS English publishes in English. The key points are summarized above. Read i24NEWS English’s full report from the link at the top of the page.
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