The Country

Read · November 6, 2026

Paraguay's Senate removes President Santiago Peña over the Ueno Bank collapse, and he is placed under house arrest in Asunción

Paraguay's Senate voted on Friday, Nov. 6, to remove President Santiago Peña from office over the collapse of Ueno Bank, and he was placed under house arrest shortly afterward. The bank's collapse left millions of Paraguayans unable to get to their savings. He faces allegations that include influence peddling, and Peña has denied wrongdoing.

See it on the Read page · All stories from November 6, 2026 · How we grade · ·

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