Paraguay swears in Pedro Alliana as president as Peña is placed under house arrest

Summary

On Friday, November 6, Pedro Alliana was sworn in as Paraguay's new president just as authorities placed his impeached predecessor, Santiago Peña, under house arrest. Peña was impeached, removed from office and placed under house arrest after a bank with close ties to his administration went under. He failed to appear at his Senate impeachment trial, which resumed amid the scandal surrounding the collapsed Ueno bank. The digital bank's failure has left half the population without access to their accounts, and the resulting political turmoil has deepened a financial crisis. Prosecutors said charges against Peña could include influence peddling.

Timeline

1. Straits Times

   6 Nov 2026, 13:58 UTCSource ↗

   The Straits Times reports that Pedro Alliana was sworn in as Paraguay's new president on Friday, as authorities put impeached predecessor Santiago Peña under house arrest, and that prosecutors said charges against Peña could include influence peddling.

2. Al Jazeera

   6 Nov 2026, 16:58 UTCSource ↗

   Al Jazeera reports that Paraguay resumed impeachment proceedings against Peña as the failure of a digital bank has left half the population without access to their accounts.

3. ABC News

   6 Nov 2026, 17:38 UTCSource ↗

   ABC News reports that Peña failed to appear at his Senate impeachment trial, which resumed as Paraguay reeled from the collapse of the Ueno bank.

4. The New York Times

   6 Nov 2026, 23:59 UTCSource ↗

   The New York Times reports that Peña was impeached, removed from office and placed under house arrest after a bank with close ties to his administration went under.