Paraguayan President Peña Faces Investigation and Senate Trial Amidst Ueno Bank Collapse
Paraguay's President Santiago Peña is under criminal investigation and faces a Senate trial for possible removal from office following the collapse of Ueno Bank.
Philadelphia, PA, November 6, 2026 —
The President of Paraguay, Santiago Peña, is currently embroiled in a criminal investigation and is set to face a trial in the Senate. This judicial and political process concerns the potential removal of President Peña from his office.
The investigation and trial are directly linked to the recent collapse of Ueno Bank. Further details regarding the specific allegations, the timeline of the bank’s collapse, or the exact nature of the evidence against President Peña were not provided in the available information.
The outcome of the Senate trial will determine whether President Peña will remain in his position. The situation highlights significant political and economic instability following the Ueno Bank failure. Information regarding the contractor’s name, specific dates, or other involved parties was not disclosed. The fine amount, if any, was also not provided. The process for the Senate trial and the criminal investigation is ongoing.
Story summarized from the original created by ISABEL DEBRE, NAYARA BATSCHKE and EMILIO SANABRIA on www.inquirer.com, see more information here.
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