PoliticsParaguay raids ex-president’s home: How a bank collapse brought down Pena

Police raided ousted President Santiago Pena’s home as they investigate Ueno Bank’s collapse. Prosecutors accuse Pena of using his influence to direct public funds to the lender despite financial ties to its parent company; he denies wrongdoing. The collapse froze savings for nearly three million customers and helped trigger a deep economic and political crisis.

ParaguaySantiago PenaUeno Bankfinancial crime probe

AAl Jazeera★★★★☆2026-11-09 13:44Original