Paraguay Charges Ex-President Santiago Peña Over Ueno Bank Collapse
Paraguayan prosecutors charged impeached ex-president Santiago Peña with breach of trust and mismanagement linked to the collapse of Ueno Bank, a major fintech where nearly half the population had accounts. Peña was removed by the Senate days after the bank's failure, which involved irregular loans and deposits from public and pension funds between 2023 and 2026. He was questioned for three hours regarding his business ties to the bank.
HT World·




