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Former Paraguayan president Santiago Peña in a dark suit in profile before an empty bank vault, with a long queue of customers waiting outside the bank in Asunción.
AI illustrationAfter a photo: Presidencia de la República del EcuadorLicense: Public domainOriginal
Level 1≈ 1 min

Paraguay Arrests Former President Peña

Prosecutors charged former president Santiago Peña. They also had him arrested. The case is about the failure of Ueno Bank.

Prosecutor Nancy Salomon said Peña was charged with breach of trust. Breach of trust means Peña broke people's trust. She also said he managed things for his own gain.

The Senate removed Peña from office through impeachment. Impeachment is a vote that ends a leader's job. Forty-four of the 45 senators voted for it. One senator was absent.

Peña resigned the day before the vote. He wanted to keep his special status as a former president. This status gives him a seat in the Senate for life. But senators did not accept his resignation. They removed him from his seat.

Peña said he did not do anything wrong.

According to TASS, the Central Bank put Ueno Bank under outside control on November 3. It also froze the bank's accounts.

About 3 million Ueno Bank customers have had their accounts frozen.

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