World · Latin America · 13 hrs ago
Paraguay bank crisis draws scrutiny to Trump-linked gala
The piece connects Paraguay’s Ueno bank crisis to a political gala held at Mar-a-Lago in Florida.
It says former Paraguayan president Santiago Peña has been removed from office and detained over the crisis, and that he held shares in the bank’s parent group until last year.
Ueno customers face limits on withdrawing money, while the article says the crisis also affects the public pension fund.
The bank sponsored the Hispanic Prosperity Gala in February, and Paraguayan justice officials are investigating that sponsorship as a possible diversion of funds.
Madrid regional leader Isabel Díaz Ayuso addressed the event by video and announced a Madrid regional medal for the United States.
The gala brought together several political figures, including Argentina’s Javier Milei and Brazil’s Eduardo Bolsonaro.
Spain’s Vox leader Santiago Abascal had praised Peña’s government during a visit to Paraguay the previous year, but the piece says his current view is unknown.
La crisis financiera at Paraguay’s Ueno bank has drawn scrutiny to the bank’s sponsorship of a Trump-linked gala at Mar-a-Lago.
Ueno was a major sponsor of the Hispanic Prosperity Gala 2026, held in February.
Paraguay’s justice system is investigating the sponsorship as a possible diversion of funds.
The article says the crisis has affected half of Paraguay’s population, including the public pension fund.
Former Paraguayan president Santiago Peña, who held shares in Ueno’s owner until last year, has been dismissed and detained, according to the article.
- Who
- Ueno bank and its sponsors, including former Paraguayan president Santiago Peña, are at the center of the story.
- What
- Paraguay’s justice system is investigating Ueno’s sponsorship of a Trump-linked gala as a possible diversion of funds.
- When
- The gala was held in February 2026. The article was published on November 8, 2026.
- Where
- The gala took place at Mar-a-Lago in Florida; the bank crisis is in Paraguay.
- Why
- The investigation concerns a possible diversion of funds connected to the bank’s sponsorship.
This story does not have two clearly opposing sides.
Santiago Abascal visited Santiago Peña in Asunción, according to the article.
Ueno sponsored the Hispanic Prosperity Gala at Mar-a-Lago, where Isabel Díaz Ayuso appeared by videoconference.
La Vanguardia published its account of the Paraguayan bank crisis and the gala sponsorship investigation.
- Bank
- Ueno
- Gala
- Hispanic Prosperity Gala 2026
- Gala venue
- Mar-a-Lago, Florida
- Gala date
- February 2026
- Investigation
- Paraguay’s justice system is examining the sponsorship as a possible diversion of funds
- Crisis reach
- The article says half of Paraguay’s population has been affected
What people are saying
Paraguay and its Government are a reference for their fiscal policy, the defense of sovereignty and national identity, and the protection of family and childhood.