Power Shift

Paraguay President Removed Amid Ueno Bank Collapse, Faces Charges

Sourced from 6 publications

  • •Paraguay's ex-President Santiago Peña was impeached and placed under house arrest over Ueno Bank's collapse.
  • •The bank's failure left nearly three million customers without access to their savings.
  • •Pedro Alliana is sworn in as Paraguay's new president, pledging to secure pension payments.
  • •Peña faces criminal charges, including breach of trust, related to the banking scandal.
  • •Former Central Bank chief Carlos Carvallo is also implicated in the ongoing investigation.

Sources

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Curated from 6 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.

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