Paraguay: Former President Peña faces up to 15 years in prison for breach of trust and conflict of interest

Published at: 11/11/2026 02:37 PM

Prosecutor Verónica Valdez reported this Wednesday that the former president of Paraguay, Santiago Peña, faces an expected sentence of up to 15 years in prison due to a conspiracy of aggravated crimes. The charge responds to alleged crimes of injury to trust and conflict of interest, derived from having held shares in Ueno Bank parallel to the exercise of the presidency of the Republic.

According to information provided by Telesur, fiscal agents of the Public Prosecutor's Office explained during a press conference about the progress of the investigation that the scope of the file also affects the financial institution. In that appearance, the tax representative specified that the former bank managers involved in the case are subject to sentences of up to 12 years of deprivation of liberty.

For its part, the legal representation of the former governor opted to abstain during the investigative declaration process. At the same time, the prosecuting agency is investigating the unauthorized use of alleged military vehicles in its private home located in the city of Asunción, for which purpose the audiovisual records of closed circuits are evaluated.

The criminal process is still in the phase of gathering evidence while the judicial authorities define the following precautionary measures applicable to the accused. The Office of the Prosecutor reiterated that it will keep the proceedings in strict accordance with constitutional guarantees and the deadlines established by the current legal system.

Mazo News Team