Paraguay: Senate impeached Peña rather than accept his offer to resign
Summary
Paraguay’s Senate impeached President Santiago Peña instead of accepting his offer to resign, according to the headline. Peña has been charged in connection with the collapse of Ueno Bank and denies wrongdoing; customers remain unable to access some of their money as repayments begin and protests continue.Key Facts
- The Senate impeached Santiago Peña rather than accept his offer to resign.
- Authorities charged Peña over the collapse of Ueno Bank.
- Peña was initially placed under house arrest and later moved to a military facility for his safety.
- Nearly three million customers lost access to their accounts after regulators took control of the online bank.
- Repayments have begun, but customers continue to protest and demand access to their money.
- Peña denies wrongdoing.
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