We know this from the Ouano Bank scandal, the crisis that brought down Paraguayan President Santiago Peña The liquidation due to financial insolvency of Ouano Bank, one of the main digital banks in Paraguay and with close ties to President Santiago Peña, caused a financial crisis and a political earthquake in the country. While nearly 3 million customers saw access to their savings frozen and as Congress prepared to begin an impeachment trial against him, the conservative president tendered his resignation. read more