# Paraguay’s ex-president Pena faces new charge over Ueno bank collapse

- URL: https://talkfuse.com/story/paraguays-ex-president-pena-faces-new-charge-over-ueno-bank-collapse/
- Published: 2026-11-13T20:18:09+00:00
- Updated: 2026-11-13T21:51:30+00:00
- Original publisher: Al Jazeera (publisher lean: Left)
- Original article: https://www.aljazeera.com/news/2026/11/13/paraguays-ex-president-pena-faces-new-charge-over-ueno-bank-collapse?traffic_source=rss
- Topics: Government, Politics, World

## Key points

- Pena faces a new charge over Ueno’s collapse.
- The bank held more than $800 million in public funds.
- Savings have been returned to over 1.8 million depositors.

## Summary

Paraguayan prosecutors have added a criminal association charge against former president Santiago Pena in their investigation into the collapse of digital bank Ueno. The case matters because prosecutors allege Pena used his office to channel public money to the bank while having financial ties to it; the collapse left customers unable to access their accounts and fuelled mass protests.

Pena, who was impeached and arrested last week, already faces breach of trust and self-dealing charges and is being held in pretrial detention at a military facility. Ueno held more than $800 million in public funds, and prosecutors say assets have been found abroad and may be frozen. Three former central bank officials were also arrested, while the Central Bank said it had returned savings to more than 1.8 million depositors.

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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.