{
  "id": 18835697,
  "title": "Paraguay prosecutors charge ex-president Santiago Peña over Ueno bank collapse",
  "url": "https://urgent.news/2026/11/08/paraguay-prosecutors-charge-ex-president-santiago-pena-over-ueno-bank",
  "topic": "world",
  "section": "World",
  "published": "2026-11-08T01:26:49.000Z",
  "source": {
    "name": "Hindustan Times - World News",
    "slug": "hindustan-times-world-news",
    "url": "https://www.hindustantimes.com/world-news/paraguay-prosecutors-charge-ex-president-santiago-pe-a-over-ueno-bank-collapse-101794096391436.html"
  },
  "original_language": "en",
  "account": "Paraguayan prosecutors have charged former President Santiago Peña with breach of trust and mismanagement for personal gain, in connection with a banking crisis that left millions of people without access to their funds. Peña, who served as the nation's youngest-ever president, was removed from office by the Senate three days after the collapse of Ueno Bank, a digital-first fintech company with which he had business ties.\n\nThe indictment alleges that between 2023 and 2026, Ueno Bank received deposits and loans from public and pension entities, while also granting loans to companies within its economic group in an irregular manner. Peña, who held shares in Ueno Holding until last year, was questioned for around three hours regarding his connections to the bank. Prosecutors requested that he be held in preventive custody and that his assets, as well as those of former Central Bank president Carlos Carvallo, be frozen. Carvallo, who was also charged with the same offenses, is scheduled to be questioned by prosecutors later on Saturday.\n\nFollowing his arrest, Peña spent Friday night in custody and faced protests from demonstrators demanding his detention. He was succeeded by former Vice President Pedro Alliana, who vowed to support the nearly three million affected depositors, including pensioners. While many celebrated Peña's removal, some protesters were angered by Alliana's selection, as he is from the same right-wing Colorado Party and is believed to have been aware of the Ueno crisis.\n\nThe collapse of Ueno Bank, which managed accounts for several state entities and state pensions, caused widespread unrest in Paraguay. In response to the bank's failure, the Central Bank began making advance payments to affected depositors. Paraguay's removal from US President Donald Trump's network of allies in South America is another setback for Trump's South American agenda. US Assistant Secretary of State for Western Hemisphere Affairs Juan Pablo Segura emphasized Paraguay's status as a strategic partner, friend, and ally of the United States, expressing Washington's anticipation of working with Alliana in the coming years.",
  "summary": "Santiago Pena was removed from office by the Senate on Friday, three days after the collapse of a leading bank with which he had business links.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Ynetnews",
        "title": "From power to arrest warrant: Paraguay's president falls in bank scandal",
        "url": "https://urgent.news/2026/11/06/from-power-to-arrest-warrant-paraguays-president-falls-in-bank-scandal",
        "published": "2026-11-06T23:57:10.000Z"
      },
      {
        "outlet": "3News",
        "title": "Paraguay's President Peña impeached and placed under house arrest over Ueno Bank collapse",
        "url": "https://urgent.news/2026/11/07/paraguays-president-pena-impeached-and-placed-under-house-arrest-over",
        "published": "2026-11-07T14:41:32.000Z"
      },
      {
        "outlet": "GBC Ghana",
        "title": "Paraguay’s president impeached and under house arrest after bank collapse",
        "url": "https://urgent.news/2026/11/07/paraguays-president-impeached-and-under-house-arrest-after-bank",
        "published": "2026-11-07T14:56:25.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Paraguay’s former president faces prosecutors after his removal over bank collapse",
        "url": "https://urgent.news/2026/11/07/paraguays-former-president-faces-prosecutors-after-his-removal-over",
        "published": "2026-11-07T15:45:58.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "Paraguay's former president faces prosecutors after his removal over bank collapse",
        "url": "https://urgent.news/2026/11/07/paraguays-former-president-faces-prosecutors-after-his-removal-over-18745463",
        "published": "2026-11-07T15:55:22.000Z"
      },
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Paraguay’s president impeached and under house arrest after bank collapse",
        "url": "https://urgent.news/2026/11/07/paraguays-president-impeached-and-under-house-arrest-after-bank-18745260",
        "published": "2026-11-07T16:16:52.000Z"
      },
      {
        "outlet": "Adom Online",
        "title": "Paraguay’s president impeached and under house arrest after bank collapse",
        "url": "https://urgent.news/2026/11/07/paraguays-president-impeached-and-under-house-arrest-after-bank-18752256",
        "published": "2026-11-07T16:53:50.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "Paraguay's ousted president faces prosecutors after his removal over bank collapse",
        "url": "https://urgent.news/2026/11/07/paraguays-ousted-president-faces-prosecutors-after-his-removal-over",
        "published": "2026-11-07T17:10:20.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Impeached Paraguay leader charged over shock implosion of bank",
        "url": "https://urgent.news/2026/11/07/impeached-paraguay-leader-charged-over-shock-implosion-of-bank-18809981",
        "published": "2026-11-07T22:51:32.000Z"
      }
    ]
  },
  "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."
}