# Paraguay’s President Peña resigns after bank collapse

https://mins.news/en/item/131149

- Al Jazeera, 2026-11-05 17:08 UTC
- Politics
- Original: https://www.aljazeera.com/economy/2026/11/5/paraguay-president-pena-resigns-in-wake-of-bank-collapse?traffic_source=rss

> President Santiago Peña resigned after the collapse of digital lender ueno left millions of customers unable to access their accounts. He faced an impeachment motion and protests, while lawmakers accused him of conflicts of interest, misuse of pension funds and covering up the bank’s condition. Vice President Pedro Alliana is set to replace him.

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