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Paraguayan president resigns amid bank collapse leaving 3M people without access to bank accounts

Santiago Peña resigned as president of Paraguay amid the Ueno Bank crisis and was later impeached over an alleged conflict of interest. Vice President Pedro Alliana will take office, while millions of Paraguayans wait to recover their deposits.

READ MORE : http://www.euronews.com/2026/11/05/paraguayan-president-resigns-amid-bank-collapse-leaving-3m-people-without-access-to-bank-a

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00:00Paraguayan President Santiago Pena resigned Thursday just before the country's parliament
00:05known as the National Congress voted unanimously to impeach him over the collapse of digital
00:11lender UNO.
00:13Pena's resignation came amid pressure and the withdrawal of support by the country's
00:18Congress president and ruling Conservative Party leader over his links with the troubled
00:24bank and allegations of improper financial gain.
00:53The central bank froze UNO's bank accounts, leaving nearly three hundred
00:58million customers unable to access their money and sparking protests in the streets.
01:05Santiago Pena took office as president of Paraguay on August 15, 2023, with a term running
01:13through 2028.
01:14While millions of customers wait to recover their deposits, Vice President Pedro Aliana will
01:21resume the presidency.

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