AGP Executive Report
Last update: 9 hours agoLeadership Upheaval: Paraguay’s Senate removed Santiago Peña on Friday in a 44–0 vote over his alleged ties to Ueno Bank’s collapse. Prosecutors placed the former president under house arrest pending questioning; Peña denies wrongdoing. Banking Fallout: The failure left about three million customers unable to access their accounts, sparking protests and a crisis of confidence. Authorities have begun limited advance payments to some depositors. New Government: Vice President Pedro Alliana was sworn in to serve through 2028, promising full compensation and urgent action to restore savers’ funds. Prosecutors are also pursuing former central bank chief Carlos Carvallo.
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