In brief
Pedro Alliana was sworn in as president of Paraguay on Friday, November 7, 2026, after the Senate unanimously voted to remove Santiago Peña. Peña is now under house arrest with prosecutors examining possible influence‑peddling charges linked to the collapse of digital bank Ueno.
In Asunción on Friday, November 7, 2026, former vice president Pedro Alliana was sworn in as Paraguay’s new president just as former leader Santiago Peña was placed under house arrest following an impeachment vote.
Alliana’s inauguration was the immediate result of a Senate vote that removed Peña from office; the chamber counted 44 senators present, all of whom voted unanimously to lift Peña from the presidency.
Chair of the impeachment committee said the move followed the collapse of digital bank Ueno, which the Central Bank seized earlier that week and froze deposits for roughly three million customers—nearly half of the country’s population—sparking nationwide protests.
Sources report that Peña had previously maintained ties to Ueno’s controlling group, a relationship cited by Congress as a basis for the impeachment and removal proceedings.
Outside Peña’s residence in Asunción, prosecutors stated that charges were still being determined but could involve influence peddling. They added that Peña was ordered to appear at the prosecutor’s office the following day.
The Senate’s unanimous vote followed a prior action by the Chamber of Deputies, which had begun impeachment proceedings after the Central Bank’s intervention in Ueno, and refused to accept Peña’s resignation submitted the day before.
Prosecutors remain working to clarify whether the influence‑peddling allegations are substantiated. At this stage, the exact nature of the charges is not yet finalized.
Alliana’s oath of office was conducted in a short ceremony that did not involve foreign dignitaries, marking a swift transition amid the unfolding political and financial crisis.
