New Paraguayan president Pedro Alliana promises to compensate victims of the "financial chaos"
Pedro Alliana was inaugurated as Paraguay's president following the impeachment of Santiago Peña, promising to compensate victims of the financial chaos caused by Ueno Bank's collapse. Peña was removed due to his role in the banking scandal affecting nearly three million savers. Alliana, from the Colorado party, assured that compatriots facing difficulties would receive full compensation, emphasizing support for those impacted. His predecessor's term was set to last until 2028, but the Senate unanimously found Peña guilty of mismanagement related to the bank's failure.
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