Pedro Alliana faces the fallout from Paraguay’s political upheaval as Ueno Bank’s collapse fuels protests and impeachment threats. He has led political factions and served in high office, with the nation balancing a governance crisis and economic turbulence.
Paraguay has faced a rapid collapse of Ueno Bank, a lender linked to President Peña, as regulators place it into resolution. The move effects roughly 60% of adults and triggers impeachment debates after two top aides resign and opposition calls for accountability. Deposits are being safeguarded while the government navigates a broader political crisis.
Paraguay has impeached President Santiago Pena after a rapid scandal over Ueno Bank’s collapse, which has frozen millions of depositor accounts and drawn protests. Central bank actions and a widening investigation point to broader regulatory and political upheaval in a country long seen as stable.