Paraguayan president resigns after banking scandal. Millions of customers without access to their money

Paraguayan President Santiago Peña resigned amid a crisis following the bankruptcy of Ueno, an online bank. Opposition accused him of conflicts of interest and financial misconduct. Peña stated his resignation was for national stability and democratic integrity. Vice President Pedro Alliana will assume the presidency. The Central Bank of Paraguay took control of Ueno, affecting around 3 million customers. Peña, a former finance minister, had shares in the holding company controlling Ueno until last year, which managed significant public funds.

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