{
  "id": 18630706,
  "title": "Paraguay President Santiago Peña Ousted & Placed Under House Arrest After Ueno Bank Collapse; Vice President Sworn In As Successor",
  "url": "https://urgent.news/2026/11/07/paraguay-president-santiago-pena-ousted-placed-under-house-arrest",
  "topic": "world",
  "section": "World",
  "published": "2026-11-07T02:42:21.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/world/paraguay-president-santiago-pea-ousted-placed-under-house-arrest-after-ueno-bank-collapse-vice-president-sworn-in-as-successor"
  },
  "original_language": "en",
  "account": "Asuncion, Paraguay - President Santiago Peña was removed from office and placed under house arrest on Friday, following the collapse of Ueno Bank, a major financial institution tied to his administration. The Senate unanimously voted to remove Peña for misconduct in office, ending one of South America's most stable presidencies. Peña resigned as President, citing his concern for the country's stability, social peace, and democratic institutions.\n\nThe central bank seized Ueno Bank on November 3, leaving nearly three million customers without access to their savings and bank cards. This event sparked a political crisis, leading to the arrest of Peña under suspicion of breach of trust, ordered by prosecutors. Additionally, the arrest of the former central bank chief, Carlos Carvallo, who was appointed by Peña, is being investigated.\n\nProsecutors accused Peña of misusing public funds by steering hundreds of millions of dollars into Ueno Bank while regulators overlooked risky lending practices. Peña denied any wrongdoing. Vice President Pedro Alliana was sworn in as president to serve out the remaining term, which ends in August 2028.\n\nAlliana, a member of the conservative Colorado party, is currently under investigation by prosecutors. Despite opposition members attempting to impeach him, the scandal has also reached central bank and pension fund officials. Thousands of protesters have taken to the streets, demanding the return of their frozen savings and accountability for Ueno Bank's failure. The political crisis has escalated, with Paraguay experiencing its deepest political turmoil in over a decade.",
  "summary": "Asuncion: Ousted Paraguay president Santiago Peña was placed under house arrest 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. In a unanimous vote, the 44 senators present voted to remove Peña for misconduct in office, bringing a dramatic end to one of South America's most stable presidencies.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Paraguay ex-president Peña placed under house arrest after impeachment",
        "url": "https://urgent.news/2026/11/06/paraguay-ex-president-pena-placed-under-house-arrest-after-impeachment",
        "published": "2026-11-06T23:42:35.000Z"
      },
      {
        "outlet": "Le Monde English",
        "title": "Paraguay's impeached president Peña put under house arrest",
        "url": "https://urgent.news/2026/11/07/paraguays-impeached-president-pena-put-under-house-arrest",
        "published": "2026-11-07T00:04:16.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "Paraguay ex-president Peña placed under house arrest after impeachment",
        "url": "https://urgent.news/2026/11/07/paraguay-ex-president-pena-placed-under-house-arrest-after-impeachment",
        "published": "2026-11-07T00:21:35.000Z"
      },
      {
        "outlet": "NDTV",
        "title": "Paraguay President Impeached, Placed Under House Arrest Over Bank Scandal",
        "url": "https://urgent.news/2026/11/07/paraguay-president-impeached-placed-under-house-arrest-over-bank",
        "published": "2026-11-07T00:39:04.000Z"
      },
      {
        "outlet": "BBC News",
        "title": "Paraguay's president impeached after collapse of bank",
        "url": "https://urgent.news/2026/11/07/paraguays-president-impeached-after-collapse-of-bank",
        "published": "2026-11-07T01:07:56.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "Crisis-hit Paraguay impeaches president, replaces him with VP",
        "url": "https://urgent.news/2026/11/07/crisis-hit-paraguay-impeaches-president-replaces-him-with-vp",
        "published": "2026-11-07T01:23:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Paraguay president ousted and placed under house arrest, successor sworn in",
        "url": "https://urgent.news/2026/11/07/paraguay-president-ousted-and-placed-under-house-arrest-successor",
        "published": "2026-11-07T01:46:00.000Z"
      },
      {
        "outlet": "RTE News",
        "title": "Paraguay bank collapse sees president impeached, arrested",
        "url": "https://urgent.news/2026/11/07/paraguay-bank-collapse-sees-president-impeached-arrested",
        "published": "2026-11-07T04:09:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}