PoliticsPhoto: Hindu WorldParaguay's Former President Charged Over Bank Collapse
On November 7, 2026, Paraguay's former President Santiago Peña was charged with breach of trust and administration for personal gain linked to the collapse of a major bank. The bank failure jeopardized hundreds of thousands of account holders' savings and triggered Paraguay's biggest political crisis in a decade. Peña's impeachment marks a significant event in the country's post-1989 democratic era.
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