Skip to main content
BusinessFrance 24

Banking scandal topples Paraguay leader

Read the full story at France 24

Banking scandal topples Paraguay leader

Paraguay’s ousted president Santiago Peña has been placed under house arrest after senators unanimously voted to remove him over a banking scandal.

The collapse of Ueno Bank left nearly three million customers unable to access their savings.

Peña denies any wrongdoing, while his successor, Pedro Alliana, has pledged to compensate those affected.