Paraguay Conducts Operation at Presidential Residence as Part of Peña Investigation

13 November 2026

ASUNCIÓN, 12 Nov (Reuters) – The Public Ministry of Paraguay carried out on Thursday a search and seizure at the presidential residence, within the scope of an investigation against former President Santiago Peña, accused of alleged involvement in the collapse of the digital bank Ueno.

The agency said, in a statement, that agents from the economic crimes unit were carrying out ‘technical work aimed at data extraction and gathering information of interest to the investigation’.

Peña was removed from office last week, through an impeachment process in Congress, days after the intervention in the financial institution due to solvency problems. The former president was a shareholder in the controlling stake of Ueno until 2025.

Justice ordered his preventive detention in a military facility, and the Public Ministry charges him with the crimes of breach of trust (as instigator) and administration for his own benefit (as author) — charges that carry a maximum sentence of 15 years.

(Reporting by Daniela Desantis)

James Whitmore

James Whitmore

I am a financial journalist specialising in global markets and long-term investment strategies, with a background in economics and corporate finance. My work focuses on translating complex financial data into clear, actionable insights for private investors and professionals. At Wealth Adviser, I contribute in-depth analysis on equities, macroeconomic trends, and portfolio construction.