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Paraguay ousts Peña; he is under house arrest after Ueno Bank collapse
EFE and Infobae said Paraguay's Senate removed Santiago Peña and prosecutors put him under house arrest Friday after Ueno Bank's collapse; Al Jazeera later said he was moved to a military base.
- EFE, Infobae and 2 more are now reporting this
- New headline Was: “Paraguay moves ex-President Pena to military base after bank collapse”
- Our desk updated its story
Paraguay's Senate removed President Santiago Peña from office on Friday and prosecutors placed him under house arrest at a residence in Asunción after the collapse of digital lender Ueno Bank, according to EFE, Infobae and UPI2,3,4. Al Jazeera later said authorities moved him to a military base for protection1.
EFE quoted National Police as saying Peña was officially under arrest at his home after the Senate impeachment2. Prosecutor Silvia González said he was confirmed at the residence and in custody2. Infobae identified the file as case 92/2026 for alleged breach of trust and said the order went to police command3.
UPI said the Senate vote was 44-0 and that Vice President Pedro Alliana was sworn in to serve through 20284. Alliana said those hurt by the financial collapse would be fully compensated, EFE reported2.
Peña offered to resign on Thursday2,4. UPI said lawmakers rejected the resignation, which under the constitution would have left a former president as a senator for life with immunity4. EFE cited Article 189 on that point2.
Ueno entered a central-bank resolution this week after solvency problems2. EFE put the customer count at about 2.94 million in a country of 6.1 million people and said thousands of savers, including 32,000 IPS retirees, could not reach funds2. UPI put frozen accounts at about 2.9 million, or about 60 percent of adults4.
Infobae said Peña declared a Ueno Holding stake in 2023, sold in April 20253. The arrest order also named former central bank chief Carlos Carvallo Spalding, who resigned this week2,3. Peña has denied wrongdoing; UPI cited attorney Ricardo Preda calling the claims irresponsible and opportunistic4,5.
Al Jazeera's newsfeed was the only source among these that described a later transfer to a military base1. EFE, Infobae, UPI and AP described house arrest at the home2,3,4,5. AP said he was to appear before prosecutors Saturday morning5. Whether that appearance proceeds, and where Peña is held after it, was not independently confirmed in these reports.
Sources
- Al JazeeraParaguay’s Pena under military protection in bank collapse chaos
- EFEParaguayan police arrest former president Santiago Peña after his removal from office
- InfobaeSantiago Peña fue detenido en su domicilio tras ser destituido por el escándalo del Ueno Bank
- UPIParaguay president impeached, under house arrest amid banking crisis
- APOusted Paraguayan president placed under house arrest after bank collapse
How it’s being reported
5 sourcesFirst reported by
AP
Show all
Paraguay’s Pena under military protection in bank collapse chaos
Military protection after a dramatic day in Asuncion.
Video newsfeed says Peña was moved to a military base after house arrest tied to UENO bank's collapse.
Leaves out Impeachment vote, prosecutor names, bank customer numbers.
Paraguayan police arrest former president Santiago Peña after his removal from office
Official arrest at the residence and the successor's pledge to compensate depositors.
Police and prosecutors said Peña was under house arrest at his home after Senate impeachment, with a Saturday appearance ordered.
Leaves out A later transfer to a military base.
Santiago Peña fue detenido en su domicilio tras ser destituido por el escándalo del Ueno Bank
The written arrest order, named prosecutors and Peña's past Ueno Holding stake.
Paraguay's prosecutor's office ordered Peña detained in case 92/2026 for alleged breach of trust tied to Ueno Bank.
Leaves out A military-base transfer.
Paraguay president impeached, under house arrest amid banking crisis
The Senate tally, frozen accounts and the rejected resignation.
UPI reported a 44-0 Senate removal, Alliana's swearing-in, and Peña's attorney denying the allegations.
Leaves out Military protection.
Ousted Paraguayan president placed under house arrest after bank collapse
Gives this outlet’s account of the story.
Where they agree
- The Senate removed Peña on Friday after the Ueno collapse.
- Prosecutors ordered him detained at a home in Asunción.
- Pedro Alliana was sworn in as president.
- Peña offered a resignation that Congress did not treat as ending the case.
Where they differ
Where Peña was held after the arrest order