Politics
Paraguay's Peña resigns after Banco Ueno collapse as Congress moves to impeach
November 6, 2026 at 11:55 AM
2 reports · over 1 hour
Santiago Peña announced his resignation Thursday after the central bank seized Banco Ueno, freezing deposits of three million customers; the Senate trial is set for Friday.
- Peña announced the resignation in a video on X, saying he would appear before the Senate and exercise his right to defend himself.
- The Chamber of Deputies voted unanimously Thursday to open impeachment proceedings, and a Senate trial was scheduled for Friday morning.
- Congress postponed a vote on whether to accept the resignation after a session failed to reach quorum.
- Former president Horacio Cartes, a Peña ally, announced Thursday he backed the impeachment, and Interior Minister Enrique Riera resigned.


