# Paraguay Prosecutors Charge Peña Over Bank Collapse

> Paraguayan prosecutors seek pre-trial detention of ex-president Santiago Peña amid Ueno Bank collapse fallout.
- Title: Paraguay Prosecutors Charge Peña Over Bank Collapse | Shortify
- Summary: Paraguayan prosecutors seek pre-trial detention of ex-president Santiago Peña amid Ueno Bank collapse fallout.
- Keywords: santiago peña, ueno bank, paraguay, senate, pre-trial detention, central bank, vázquez group, protesters, recovery payments, MercoPress
- Source: MercoPress — https://en.mercopress.com/2026/11/08/paraguay-s-prosecutors-charge-santiago-pena-and-seek-his-pre-trial-detention-over-the-ueno-bank-collapse
- Read time: 1 min
- Topics: santiago peña, ueno bank, paraguay, senate, pre-trial detention, central bank, vázquez group, protesters, recovery payments, news, world, politics
## Prosecutors Charge Peña
Paraguayan prosecutors charged former President Santiago Peña with breach of trust, instigation, and self-serving administration in the Ueno Bank collapse.

> They all must go
## Ueno Bank Collapse Impact
The bank froze savings of nearly three million customers, with recovery payments starting at US$1,500 and extending to 40 minimum wages.
## Political Fallout
Protesters and opposition demand President Alliana's removal and early elections in early 2027 after the bank collapse.
## Pre-Trial Detention Request
Prosecutors seek pre-trial detention of Peña and former Central Bank president Carlos Carvallo, who is in custody.
## Key takeaway

Paraguay's prosecutors charged ex-president Santiago Peña with breach of trust and self-serving administration in the Ueno Bank collapse that froze savings of nearly three million customers.