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Paraguay bank collapse draws scrutiny to former president’s daughter

Culture · First reported 7 Nov, 15:03 · Updated 15:07

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

A photo of Constanza Peña wearing a “Tax The Poor” shirt circulated as authorities investigated the collapse of Ueno Bank and Paraguay’s political leadership changed. The reports describe criticism of the image and the disruption to bank customers.

  • A photo of Constanza Peña wearing a “Tax The Poor” shirt spread online; the report says it could not confirm when she posted it.
  • Ueno Bank was seized after its collapse, and customers were unable to withdraw or transfer money, according to the report.
  • The report says Paraguay’s Senate voted to remove Santiago Peña and Vice President Pedro Alliana was sworn in as president.
Summary written by Lux AI from 2 articles

Key facts

Bank
The central bank seized Ueno Bank on Tuesday after its collapse.
Customers
Nearly 3 million customers were left unable to access their money.
Deposit protection
The report says at least 97% of depositors are protected, up to 223 million guaraníes ($38,000).
Political transition
The report says the Senate voted to remove Santiago Peña and Pedro Alliana was sworn in as president.

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