Paraguay’s Santiago Pena under arrest, new president Pedro Alliana sworn in
Summary
Pedro Alliana was sworn in as Paraguay’s president after the Senate removed Santiago Peña from office over a scandal linked to the collapse of Ueno Bank. Prosecutors said they would seek Peña’s arrest on suspicion of breaching the public trust and other crimes; reports said he was detained at home.Key Facts
- The Senate voted 44 to 0 to remove Peña, with one senator abstaining.
- Alliana had served as vice president under Peña since 2023.
- Paraguay’s central bank said Ueno Bank fell below legal solvency standards and took control of the lender.
- Ueno’s collapse left millions of customers without access to accounts and pension payments.
- Ueno had nearly three million customers and was Paraguay’s fifth-largest bank by deposits.
- Peña was identified as a shareholder in Ueno’s parent company in 2023 and said he sold his shares in early 2025.
- The Chamber of Deputies voted 78 to 0 to impeach Peña before the Senate removed him.
- Prosecutors also sought an arrest warrant for former central bank chief Carlos Carvallo, who had resigned earlier in the week.
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