Paraguay president Santiago Peña impeached and placed under house arrest

newsNov 7, 202626718

Paraguay's president Santiago Peña was impeached by the Senate and placed under house arrest after the collapse of digital lender Ueno Bank, a crisis that left about three million depositors unable to access their savings and pensions. Senators voted 44 to 1 to remove Peña on charges of misconduct including conflict of interest, manipulating regulators, diverting pension funds, and participating in an institutional cover-up; he had held shares in the company that owned the bank until last year. Peña was arrested minutes after the unanimous impeachment vote and is due to be questioned on allegations of breach of trust, influence peddling, and misappropriation of funds, prosecutor Silvia Margarita Gonzalez Vester said. Peña denied wrongdoing and said in a national address that he was sorry and that it was never his intention to betray the public's trust. Senate president Basilio Núñez said Peña was found guilty of dereliction of duty, and Vice-President Pedro Alliana was sworn in as interim president, pledging full compensation and saying he will serve until 2028. Analysts and prosecutors say Peña now faces likely prosecution related to the bank's collapse amid widespread protests in Asunción over frozen accounts.

Jenny Cohn

@jennycohn.bsky.social

“Santiago Peña, the [Trump friendly] president of Paraguay, was impeached, removed from office and arrested on Friday, just days after the collapse of a major bank in the South American nation that has left millions without access to their savings.” 11/6/26

4066d ago

Robyn16

I saw them physically dragging their government officials out of the building. I want to see that energy here y’all

Tim Lowe5

Dear Cuck the Schumer and secret meetings guy. You are having trouble because you want to be pals with tRump. That never goes well.

Taylor | No Billionaires4

No idea if this is related in any way, but Thiel had been visiting Pena in Asuncion earlier ... www.eldestapeweb.com/internaciona...

dameelly.bsky.social4

I guess Paraguay will be joining Brazil in Maga-lard-o.

Peter Principle4

One less bolt hole for Stephen Miller to flee to when the time comes . . .

Number One Housewife3

Why can’t Americans move that fast to eject corrupt politicians ?

Quoting this

Khashoggi's Ghost153

Peña is under criminal investigation over his relationship to the bank and his handling of the crisis. He was detained and confined to his residence on Friday, hours after the authorities issued arrest warrants for him and the bank’s former president on charges of abusing their positions.

Tina Says #VoteOutTheCorruption3

Let us revisit this bsky.app/profile/trcf...

Raquel3

Another president goes to jail in the world and the orange guy stills there.

RoseMarie

@rosesbloom24.bsky.social

Paraguay's prosecutor's ‌office sent an arrest ⁠warrant for former President Santiago Peña on Friday, ‌shortly ⁠after he was impeached ⁠by lawmakers. www.reuters.com/business/fin...

526d ago

Inside Ukraine 🇺🇦

@insideukraine.bsky.social

Paraguay's Senate voted 44-1 to remove President Santiago Peña following a banking scandal that froze the accounts of nearly 3 million customers. Peña had resigned amid the collapse of Ueno Bank, a private lender linked to him that received millions in public funds.

406d ago

Inside Ukraine 🇺🇦5

Vice President Pedro Alliana was sworn in as president and pledged to compensate affected depositors.

www.koolschrankpress.com2

He was immediately loaded into a police car and taken away.

Le Monde

@lemonde.fr

Au Paraguay, la destitution du président Santiago Peña met en lumière les collusions entre le pouvoir politique et celui de la finance

246d ago

cursed.bsky.social1

Venant d'un pote de Trump et Netanyahu rien de surprenant.

Rightardia

@rightardia.bsky.social

Nearly 3 million Paraguayans, about 60 percent of the country’s adult population, had their accounts frozen overnight. All were customers of Ueno Bank. Santiago Peña had resigned the day before. Peña will face criminal proceedings in the courts.

206d ago

Revista Fórum

@revistaforum.com.br

Luciano Hang, o “véio da Havan”, defende Santiago Peña, que sofreu impeachment e foi preso no Paraguai: Poucas horas antes do Senado decidir pelo impeachment e a Justiça atender o pedido do Ministério Público e determinar a prisão de Santiago Peña, o empresário Luciano Hang, o véio da… #revistafórum

256d ago

Edson2

Bandido e facista sempre defende o mesmo que ele

Luís Antônio Almeida1

Qual é a relevância dele para sabermos de suas opiniões? Ele é milionário, mas isso não o eleva a ser um farol de inteligência e sensatez

MrPassportKing

@mrpassportking.bsky.social

America, take notes from Paraguay (they understood the assignment!) Paraguay president and key Trump ally Santiago Peña will face a criminal investigation following his resignation and impeachment.

117d ago

Nick Brumfield

@nickjbrumfield.bsky.social

Fuck ok didn't realize Paraguay was going through a politically-induced banking crisis fuck that guy

156d ago

Quoting this

Sami Eerola24

Just this years spring Paraguay was celebrated as a neoliberal success story. At least in Brazil. Many rightwingers from there migrated to Paraguay because of its "business frendly enviroment"

AZ Intel

@azintel.bsky.social

Paraguay police arrested former President Santiago Peña on Friday, local outlet ABC reported, following his impeachment by lawmakers over alleged involvement in a bank scandal. Vice President Pedro Alliana was sworn in as his successor.

176d ago

mo-fitzgerald.bsky.social

@mo-fitzgerald.bsky.social

The resignation and impeachment of the right-wing President of Paraguay has slipped under the radar, with questions over financial dealings at his bank. Paraguay has intervened for Israel at the International Court. Will we see a resumption of the delayed bribery case against Netanyahu in Israel?

177d ago

Cromwell lives 🇬🇧🇺🇸🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿🇧🇷 🇳🇿🇨🇦🇮🇪

@cromwell2nd.bsky.social

Paraguay Congress rejected his resignation. And pursued the impeachment, which was filed 5 minuts before his resignation submitted. Resignation will give him an amenity for life - as former president-he can't be prosecuted. It is in their consutuation, strange ya.

166d ago

Mark

@mrkdrm.bsky.social

"Their right-wing president, a Trump ally, ran the national bank into the ground, most people cannot access their funds. He tried to quit [to] get a lifetime pension, the legislature blocked it, impeached him, and he's under house arrest." Via bureaucratanon.bsky.social www.bbc.com/news/article...

66d ago

CosmicRami 🏳️‍🌈🏳️‍⚧️

@rami.spaceaustralia.com

Geeeez ... this is not great. "Ueno Bank has said it has about three million customers, equivalent to about 60% of Paraguay's adult population. It held pensions and some other public funds and, after its collapse earlier this week, millions could not access their accounts."

117d ago