Santiago Peña is arrested in Paraguay after impeachment

Santiago Peña begins to serve house arrest after impeachment in Paraguay. Former president is investigated for suspicions at Ueno Bank.

Santiago Peña is arrested in Paraguay after impeachment

TL;DR

  • Former Paraguayan President Santiago Peña is under house arrest following his impeachment by the Senate.
  • The arrest is linked to a criminal investigation into alleged financial irregularities involving Ueno Bank.
  • Former Central Bank president Carlos Carvallo has also been arrested.
  • The investigation targets suspected breach of trust and other offenses related to the Ueno Bank's collapse.
  • Peña was impeached by a unanimous Senate vote, making him the second democratically elected president removed by this procedure since 1989.
  • The former president denies any wrongdoing or interference in bank oversight.
  • The Ueno Bank collapse has also led to the preventive arrest of its founder, Miguel Vázquez.
  • Peña loses his status as a lifetime senator and immunity due to the impeachment.