President Santiago Peña announced their resignation on Thursday after the central bank seized the digital bank Ueno and froze about 3 million accounts. Congress has not accepted it, and impeachment proceedings continue.
Ueno is a Paraguayan digital bank whose parent group President Santiago Peña, in office since August 2023, held shares in until 2025. According to The Guardian, it managed an estimated $800m to $850m of state and pension money. The collapse has pitted Peña against deputies in Congress, who are weighing impeachment.
President Santiago Peña announced his resignation on Thursday after the central bank seized the digital bank Ueno and froze about 3 million accounts. Congress has not accepted it, and impeachment proceedings continue.