From The New Indian Express
Center Owned by Express Publications (Madurai) Ltd.Paraguayan president impeached minutes after resigning following bank collapse
What's behind this
Paraguay’s lower house voted unanimously, a 78‑0 count, to impeach President Santiago Peña minutes after he announced his resignation, following the collapse of Ueno Bank, a major digital lender linked to his government that froze millions of savings. The crisis prompted allegations of financial misconduct, a central bank intervention, and three days of protests that saw demonstrators flood the capital, Asunción. Lawmakers from Peña’s long‑ruling Colorado Party joined the opposition in supporting the impeachment.
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ASUNCIÓN, Paraguay: Paraguay's lower house voted unanimously Thursday to impeach President Santiago Peña just minutes after he announced his resignation, as the collapse of a major digital bank tied to his government froze millions of people's savings, sent protesters surging into the streets and…
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ASUNCIÓN, Paraguay: Paraguay's lower house voted unanimously Thursday to impeach President Santiago Peña just minutes after he announced his resignation, as the collapse of a major digital bank tied to his government froze millions of people's savings, sent protesters surging into the streets and…