November 7, 2026

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Ousted Paraguay president under house arrest after bank collapse

World France 24
Image: France 24

Paraguayan authorities placed ousted president Santiago Peña under house arrest on Friday, shortly after the Senate removed him from office over a massive banking crisis that locked nearly half of Paraguayans out of their savings. Peña offered his resignation over the scandal, but lawmakers pressed ahead with impeachment proceedings that stripped him of political immunity.

France 24 reported this story. Read the full report on france24.com →

This is a short summary. France 24 wrote and published the full report.

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