Paraguay’s Superintendent of Banks, Holger Insfrán, was arrested on Thursday as part of the investigation into the collapse of Ueno Bank, which has already led to the pre-trial detention of former President Santiago Peña an...

Paraguayan prosecutors on Tuesday opened the armoured vault hidden in former President Santiago Peña’s summer house in San Bernardino, two days after finding it, and found it empty. In a second raid, at Ueno Bank’s headqua...

Paraguayan prosecutors and police on Sunday searched a residence of former President Santiago Peña in Ciervo Cuá, in the San Bernardino district, about 50 kilometres from Asunción, built with loans from Ueno Bank. According ...

For nearly three million Paraguayans, November 3 began with a message on their phone screens: “We cannot display your balance.” Early that morning, Paraguay’s Central Bank took over Ueno Bank over a critical solvency prob...

Paraguayan prosecutors on Saturday charged former President Santiago Peña, removed from office by the Senate on Friday, and requested his pre-trial detention in the case over the collapse of Ueno Bank, which froze the savings ...

Thousands of Paraguayans celebrated in Asunción on Friday as the Senate removed President Santiago Peña from office, but the joy turned almost immediately to anger among those who wanted a complete change of government. “Ou...

Paraguay’s Senate on Friday removed President Santiago Peña from office in an impeachment trial for “poor performance of his duties” over the collapse of Ueno Bank, and hours later prosecutors ordered him placed under ho...

Paraguayan President Santiago Peña announced on Thursday night that he will appear before the Senate to defend himself in the impeachment trial against him, after Congress failed for lack of a quorum to consider the resignatio...

Paraguayan President Santiago Peña tendered his resignation on Thursday, cornered by the collapse of Ueno Bank, but minutes later the Chamber of Deputies unanimously voted to impeach him, in an attempt to prevent him from taki...

Paraguay’s Senate on Wednesday approved a reform of the deposit guarantee law that would allow customers of Ueno Bank, taken over by the Central Bank on Tuesday, to receive an advance of up to 40 minimum wages, about 121 mill...