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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.

What's new
  1. EFE, Infobae and 2 more are now reporting this
  2. New headline Was: “Paraguay moves ex-President Pena to military base after bank collapse”
  3. 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

  1. Al JazeeraParaguay’s Pena under military protection in bank collapse chaos
  2. EFEParaguayan police arrest former president Santiago Peña after his removal from office
  3. InfobaeSantiago Peña fue detenido en su domicilio tras ser destituido por el escándalo del Ueno Bank
  4. UPIParaguay president impeached, under house arrest amid banking crisis
  5. APOusted Paraguayan president placed under house arrest after bank collapse

How it’s being reported

5 sources

First reported by APAP

Al JazeeraEFEInfobaeAP

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

Side by side

Each outlet's article broken down by our newsroom, in our own words. To read what they wrote, use the button under each one.

Al JazeeraAl Jazeera

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.

Military protection after a dramatic day in Asuncion.

What it reports

  • Authorities moved former President Santiago Peña to a military base for his protection, Al Jazeera said.
  • He had been placed under house arrest after the collapse of UENO bank, the report said.
  • The move followed a dramatic day in Asuncion, according to the newsfeed.

Leaves out Impeachment vote, prosecutor names, bank customer numbers.

EFEEFE

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.

Official arrest at the residence and the successor's pledge to compensate depositors.

What it reports

  • National Police said Peña was officially under arrest at his home after the Senate removed him.
  • Prosecutors ordered house arrest until he appears at the economic-crimes unit in Asunción.
  • The same warrant named former central bank chief Carlos Carvallo Spalding.
  • Ueno had about 2.94 million customers; Pedro Alliana was sworn in and pledged compensation.

Leaves out A later transfer to a military base.

InfobaeInfobae

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.

The written arrest order, named prosecutors and Peña's past Ueno Holding stake.

What it reports

  • Prosecutors Elena Fiore, Christian Benítez, Silvia González Véster and Ruth Karina Benítez ordered the arrest in case 92/2026.
  • The order was sent to National Police command for immediate capture.
  • Infobae said Peña declared a Ueno Holding stake in 2023 that he sold in April 2025.
  • The same order reached former BCP president Carlos Carvallo Spalding.

Leaves out A military-base transfer.

UPI

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.

The Senate tally, frozen accounts and the rejected resignation.

What it reports

  • The Senate voted 44-0 to remove Peña on Friday, UPI said.
  • About 2.9 million Ueno customers had accounts frozen, UPI reported.
  • Lawmakers rejected Peña's Thursday resignation, which would have given lifetime Senate protections.
  • Attorney Ricardo Preda called the allegations irresponsible and opportunistic, UPI said.

Leaves out Military protection.