From Bank Crisis To President’s Ouster: How Ueno Bank Scandal Brought Down Paraguay’s Santiago Peña
Paraguay is facing an unprecedented financial and political crisis following the collapse of digital lender Ueno Bank, an institution that had expanded to nearly three million customers. Former President Santiago Peña is at the centre of the controversy. As investigations widen and the country’s financial system faces renewed scrutiny, the Ueno episode has raised serious questions about banking oversight and political accountability in Paraguay. Watch.
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