Basilio Núñez

Stories

Paraguay's president resigns over bank collapse as Senate presses impeachment

Running the impeachment trial

On November 5, 2026, Santiago Peña resigned as president of Paraguay after the collapse of Ueno Bank froze the accounts of nearly 3 million people. Hours later, the Chamber of Deputies voted unanimously to impeach him. The Senate then declined to accept his resignation, leaving him in office and on trial.

Updated 2 hours ago