Morning Edition · Friday, November 6, 2026Published at 4:52 AM EST · New York

Paraguay's president offers to resign after the central bank seizes Ueno Bank and freezes nearly 3 million customers' accounts

Prosecutors have opened three criminal cases against President Santiago Peña and charged 27 people over loans to companies in the bank's own group, while reports conflict on whether his resignation took effect.

Paraguayan President Santiago Peña announced his resignation on Thursday after the collapse of Ueno Bank, Goku Crypto News reported. The bank counted more than 60% of Paraguayan adults among its customers and suspended access to accounts an…