The president of Paraguay resigned in the wake of the Ueno Bank scandal The president of Paraguay, Santiago Peña, announced that he was resigning in the wake of the Ueno Bank scandal. "Our republic must always be above any person or circumstance. I decided to submit my resignation as president of the country. I do this while thinking about the stability of our country, about social peace," he said in a video message published on X. The president asked for forgiveness from the country's residents if "at some point he failed them." "My biggest wish is that refunds to citizens will be guaranteed," Peña added.