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Banking scandal topples Paraguay leader

FRANCE24·France 24·November 7, 2026

Paraguay’s ousted president Santiago Peña has been placed under house arrest after senators unanimously voted to remove him over a banking scandal. The collapse of Ueno Bank left nearly three million customers unable to access their savings. Peña denies any wrongdoing, while his successor, Pedro Alliana, has pledged to compensate those affected.

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Banking scandal topples Paraguay leader — TopNewsOn