President of Paraguay, Santiago Peña, arrested after his dismissal
Former Paraguayan President Santiago Peña was removed from office and subsequently detained following the collapse of Ueno bank, linked to mismanagement during his administration. The Senate found him guilty of "malperformance of duties" after a political trial initiated by opposition lawmakers. Ueno bank's failure led to significant financial losses for many Paraguayans, including pensioners. Peña's removal allows for legal proceedings against him, as he will not benefit from lifetime senatorial immunity. Pedro Alliana has assumed the presidency, promising to address the financial crisis. Meanwhile, several Ueno bank executives have also been detained amid ongoing investigations.
Fact-check this story: paste the text or link into Justifact and get a verdict with the sources consulted.