Haitian Vibes Entertainment HVE Media

World Politics

Former Paraguayan President Santiago Peña Charged Over Financial Sector Crisis

Santiago Peña, the former president of Paraguay, is facing formal charges following a widespread banking collapse. The financial crisis previously caused his removal from office after millions lost access to their funds.

Jean-Robert Casimir HVE News Desk · November 07, 2026

Former Paraguayan President Santiago Peña Charged Over Financial Sector Crisis
Photo: BBC News

Formal charges have been filed against Santiago Peña, the former president of Paraguay, following a major collapse within the country's banking system.

The legal action comes after a severe financial crisis that ultimately led to Peña being ousted from the presidency. The banking breakdown severely impacted the nation's population, leaving millions of individuals unable to access their money.

Share this report

WhatsApp Facebook X Email

Reporting based on: BBC News. The facts come from the credited reporting; the words are our desk’s own.
Read the original reporting

More from the desk