World · Published November 5, 2026 at 7:49 PM CST · Updated November 8, 2026 at 11:17 AM CST
Paraguay's Ousted President Peña Faces Criminal Charges After Bank Collapse
What's new
New reports say prosecutors ordered charges against Peña and former Central Bank chief Carlos Carvallo over alleged breach of trust tied to the collapse of Ueno Bank.
This story is developing. The page was updated November 8, 2026 at 11:17 AM CST as new reports came in.
What everyone agrees on
- Santiago Peña was removed from office as Paraguay's president through impeachment.
- He was placed under house arrest.
- His removal followed the collapse of a bank linked to his administration.
Each fact above was reported by outlets on the left, center and right.
How each side framed it
Left-leaning outlets · 5
Left-leaning outlets focused on the criminal investigation, noting Peña's appearance before prosecutors and the charges filed against him and the former Central Bank chief.
Center-leaning outlets · 6
Center-leaning outlets emphasized the impeachment process and the broader banking crisis, including its effect on people unable to access their money, with one outlet describing the event as a resignation.
Right-leaning outlets · 5
Right-leaning outlets highlighted Peña's removal and house arrest, with some describing it as a resignation and others as an impeachment after Congress rejected his resignation.
Still disputed
- Some right-leaning outlets reported Peña resigned, while others said Congress impeached him after rejecting his resignation.
- One center-leaning outlet also described the event as a resignation, differing from reports of impeachment by other outlets.
- Right-leaning outlets did not mention the criminal charges against Peña that left- and center-leaning outlets reported.
Read the original reporting
- Left AP News Paraguay’s ousted president charged with crimes linked to collapse of major bank Free to read
- Left CBS News Paraguay's president under house arrest after bank collapse Free to read
- Left NPR Ousted Paraguayan president appears before prosecutors Free to read
- Left PBS NewsHour Paraguay's ousted president charged with crimes linked to collapse of major bank Free to read
- Left The New York Times Who Is Gadi Eisenkot, Israel’s Opposition Leader? A few free articles a month
- Center BBC News Paraguay's former president charged after bank collapse Free to read
- Center Bloomberg Paraguay President Peña Charged With Crimes After Ouster Paywall
- Center Newsweek Paraguay President Impeached and Immediately Arrested Amid Banking Crisis Free to read
- Center Reuters Paraguay's ex-President Peña faces prosecutors after impeachment, house arrest A few free articles a month
- Center The Wall Street Journal Paraguay’s President Resigns as Collapse of Bank With Close Ties to Him Sparks Crisis Paywall
- Center UPI Paraguay president impeached, under house arrest amid banking crisis Free to read
- Right Breitbart Paraguay Congress Rejects President Pena's Resignation so It Can Impeach Him Free to read
- Right New York Post Ousted Paraguayan President Santiago Peña placed under house arrest after bank collapse Free to read
- Right Newsmax Paraguayan President Removed Over Bank Collapse Free to read
- Right The Epoch Times Paraguayan President Peña Ousted, Placed Under House Arrest A few free articles a month
- Right The Washington Times Paraguay’s president resigns following impeachment filing Free to read
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This page was written by AI from each outlet's headline and short description, following our published rules. Always check the original reporting.