From NDTV
Center-Right Owned by Adani Group (AMG Media)Paraguay President Impeached, Placed Under House Arrest Over Bank Scandal
What's behind this
A collapse of Ueno Bank in Paraguay has left about half the population unable to access their funds. The crisis prompted the Senate to impeach President Santiago Peña, accusing him of using his political influence to direct public money into the bank and of allowing risky insider lending, claims he denies. Peña was placed under house arrest and offered his resignation, but lawmakers proceeded with impeachment, stripping his former‑president immunity. Deputy Pedro Alliana was sworn in as the new president following Peña’s removal.
AI-generated overview from 5 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 2 outlets
Santiago Pena had offered his resignation over the disaster, but lawmakers pressed ahead with impeachment proceedings that would strip him of immunity granted to former Presidents
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center · 1 outlet
Paraguay's Senate has removed President Santiago Peña over allegations linked to the collapse of Ueno Bank.
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right · 2 outlets
Paraguayan officials put former President Santiago Pena under house arrest on Friday, shortly after lawmakers impeached him amid a political and financial crisis triggered by the collapse of digital bank ueno.
— NDTV
RSS excerpt
Lawmakers accused Pena of using his political influence to steer hundreds of millions of dollars in public funds into Ueno while regulators overlooked risky insider lending. Pena has denied wrongdoing.
