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UNCOVERED: Ueno bank | History Defined

Peña's Empty Military-Grade Vault Leads Paraguay's Ueno Bank Probe to Seized Devices

Paraguayan prosecutors found an armored vault empty at former President Santiago Peña's mansion, but seized digital devices and overseas crypto assets are driving the continuing investigation.

Latin Times · 7h ago

Paraguay's new president vows to recover pension funds at risk in Ueno Bank crisis

Paraguay’s new president, Pedro Alliana, promises to recover pension funds affected by the intervention in Ueno Bank. The crisis, which led to the dismissal of Santiago Peña, has left up to 7,000 people unemployed in Paraguay and other countries.

Euronews · Nov 10

Paraguay Ex-President's Secret Armoured Vault Discovered Behind Mansion Wall as Police Probe $577K Bank Loans

Investigators uncover a hidden armoured vault at former Paraguayan president Santiago Peña's mansion as they probe his £430,000 Ueno Bank loans

International Business Times UK · Nov 10

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Paraguay's New President Orders Every Minister Out — And a Banking Crisis Is the Reason Why

New Paraguayan President Pedro Alliana has ordered ministers and senior officials to place their positions at his disposal after the Ueno Bank collapse triggered a political and institutional crisis.

Latin Times · Nov 10

What Paraguay's Ueno Bank Has in Common With Two Other South American Bank Collapses You Should Know About

The collapses of Banco Master in Brazil and Banco Fassil in Bolivia, alongside Paraguay's Ueno crisis, reveal recurring concerns about political influence, weak oversight and losses borne by depositors.

Latin Times · Nov 9

Paraguay's ousted president faces prosecutors after his removal over bank collapse

Santiago Pena was removed from office by Congress following a bank failure affecting nearly three million customers. Prosecutors ordered his arrest for alleged breach of trust and other offenses related to Ueno Bank's collapse. His successor, Vice President Pedro Alliana, began forming a new Cabinet to address the situation. Public…

The Economic Times · Nov 8

Paraguay’s impeached president charged over business links to bank collapse

Paraguay’s impeached president Santiago Peña was on Saturday charged over his business links to a major online bank whose sudden collapse locked millions of people out of their money and sparked angry protests.

France 24 · Nov 7

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Paraguay's Former President Detained After Impeachment as Ueno Bank Collapse Sparks Protests

Paraguay's former president Santiago Peña was impeached and detained amid Ueno Bank's collapse as authorities began phased repayments and protesters demanded answers over frozen savings and oversight.

International Business Times UK · Nov 7

‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke

Santiago Peña charged over alleged role in crisis as prosecutors request he be placed in preventive custody

The Guardian - UK · Nov 7

Paraguay places ousted president Peña under house arrest after bank collapse

Paraguayan authorities placed ousted president Santiago Peña under house arrest on Friday, shortly after the Senate unanimously removed him from office over a massive banking crisis that locked nearly half of Paraguayans out of their savings. Peña offered his resignation over the scandal, but lawmakers pressed ahead with impeachment proceedings…

France 24 · Nov 7

Impeachment of Santiago Peña: Senate ousts President over Ueno collapse; new leader under probe

Paraguay's ousted President Santiago Peña was impeached by the Senate and placed under house arrest on Friday following a political crisis triggered by the collapse of Ueno Bank. The bank collapse left millions of customers unable to access their savings.

The Times of India · Nov 7

Ousted Paraguayan President Santiago Pena placed under house arrest after bank collapse; Pedro Alliana sworn in as sudden successor

Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse of Ueno Bank, affecting nearly half of Paraguay's population. Vice President Pedro Alliana has assumed presidency amidst public outcry for accountability. Regulators seized Ueno Bank, locking depositors out of…

The Economic Times · Nov 7

Banking Catastrophe Topples Paraguay President as Millions Face Savings Nightmare

A furious customer's accusation fuels outrage in Paraguay as Ueno's collapse freezes accounts, exposes public funds, and pushes President Santiago Peña towards impeachment.

International Business Times UK · Nov 6

Paraguay Bank That Left 3M Without Access to Savings Sponsored Far-Right Gala at Trump's Mar-a-Lago With Eduardo Bolsonaro

Ueno Bank reportedly left around three million Paraguayan customers unable to access savings and was a top-tier sponsor of a gala at Trump's Mar-a-Lago.

International Business Times UK · Nov 6

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International Business Times UK · Nov 6

Paraguay President's US-Based Daughter Posts Photo Wearing 'Tax the Poor' Shirt as Millions Lose Access to Savings

Costanza Peña faces backlash over a 'Tax the Poor' shirt as Paraguay's Ueno Bank collapse leaves 2.9 million customers unable to access funds.

International Business Times UK · Nov 6

Paraguay President Quits After Digital Bank Collapse Leaves 3 Million Customers Locked Out of Their Accounts

President Santiago Peña offered to resign after Ueno Bank's collapse disrupted access to accounts, while Congress moved towards impeachment and prosecutors opened three investigations.

Latin Times · Nov 6

Who Is Pedro Alliana? The Man Tasked With Rebuilding Paraguay After Its Worst Financial Scandal in Decades

Santiago Peña resigned as Paraguay's president, but Congress voted unanimously to impeach him as UENO Bank customers began receiving initial reimbursements amid wider political and financial turmoil.

The Economic Times · Nov 6

How a banking scandal is taking down Trump’s ally in Paraguay

Paraguay's Ueno Bank has collapsed, leaving customers locked out of their accounts and prompting nationwide protests. President Santiago Peña faces impeachment while being linked to the bank's swift downfall amid allegations of misconduct. The Central Bank had found serious issues with Ueno’s lending practices prior to its seizure, which caused…

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International Business Times UK · Nov 5

'Give Us Back Our Money!' Chaos in Paraguay as Crowds Besiege Shuttered Ueno Bank Branches After President Resigns

Paraguay's Ueno Bank crisis sparks protests and Peña's resignation announcement as lawmakers pursue impeachment and depositors seek their savings.

Latin Times · Nov 5

What is Happening in Paraguay: President Resigns and Congress Impeaches Him After 60% of the Adult Population is Left with Access to Their Money

The collapse of Paraguay's Ueno Bank froze customers' savings, pensions and wages, sparking protests, investigations and impeachment proceedings that led President Santiago Peña to resign.

The Economic Times · Nov 5

Paraguayan president Santiago Pena impeached minutes after resigning following bank collapse

The 78-0 vote marked a stunning repudiation of Pena by lawmakers from his long-ruling Colorado Party, who joined the opposition in backing his impeachment after three days of demonstrations rocked the capital, Asuncion.

Euronews · Nov 5

Ousted Paraguayan president placed under house arrest after impeachment

Santiago Peña is set to be questioned on Saturday over alleged crimes of breach of trust, influence peddling and misappropriation of funds following the collapse of Ueno Bank.

The Guardian - US · Nov 5

Paraguay’s president quits after millions of people’s savings frozen in bank crisis

Santiago Peña’s rightwing administration had authorised Ueno Bank to drastically expand operations before collapse

The Economic Times · Nov 5

Paraguay President Santiago Pena resigns after bank takeover sparks protests, threatens millions of depositors

Paraguayan President Santiago Pena announced his resignation after the central bank's takeover of Ueno Bank left three million depositors, including pensioners, unable to access their money. The crisis triggered protests, an impeachment push and accusations of political favouritism against Pena, whose own Colorado Party backed his removal.

The Independent UK · Nov 5

How one bank’s collapse is upending Paraguay, trapping savings and threatening its president

The collapse of Ueno Bank has left savers scrambling for their money and Paraguay’s president facing calls for impeachment

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