Paraguay’s President appears before prosecutors after bank collapse leaves half of population locked out of accounts

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Paraguay's newly sworn-in President Pedro Alliana, a 52-year-old conservative politician, receives the presidential sash following Santiago Pena's removal from office in an impeachment trial that found him guilty of poor performance over his links to the collapse of digital lender Ueno, despite Pena having resigned a day earlier, in Asuncion, Paraguay, November 6, 2026. REUTERS/Cesar Olmedo
Crisis: Pedro Alliana is sworn in as president of Paraguay (Reuters)

Paraguay’s impeached former President Santiago Pena has appeared before prosecutors following a financial crisis that left half of the country unable to access their bank accounts.

Mr Pena was taken to the Attorney General’s Office in the South American nation after being placed under house arrest on Friday. One opponent described the case as the ‘biggest corruption scandal in our demo...

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