# Paraguay resumes Pena impeachment proceedings as financial crisis deepens

- URL: https://talkfuse.com/story/paraguay-resumes-pena-impeachment-proceedings-as-financial-crisis-deepens/
- Published: 2026-11-06T16:58:56+00:00
- Updated: 2026-11-06T19:09:52+00:00
- Original publisher: Al Jazeera (publisher lean: Left)
- Original article: https://www.aljazeera.com/news/2026/11/6/paraguay-resumes-pena-impeachment-proceedings-as-financial-crisis-deepens?traffic_source=rss
- Topics: World

## Key points

- Paraguay’s Senate is proceeding with Peña’s impeachment despite his resignation.
- Ueno Bank’s collapse left more than half the population without account access.
- Investigations are examining public funds, regulation and possible conflicts of interest.

## Summary

Paraguay’s Senate has resumed impeachment proceedings against President Santiago Peña, despite his resignation the previous day, as lawmakers seek accountability for a financial crisis linked to the collapse of Ueno Bank. The case matters because the bank held public money and the crisis has left many people unable to access their accounts, while raising questions about Peña’s ties to the lender and regulators’ oversight.

The lower house approved charges by 78 votes to none, and Peña has asked for 72 hours to prepare his defence. He says he sold his stake in Ueno’s parent company last year; the bank held $850m in public funds and more than half of Paraguay’s population has been left without account access. The central bank chief has resigned, eight Ueno executives face arrest warrants, and prosecutors have opened three investigations. A conviction would cost Peña his lifetime Senate seat and associated legal protections.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.