Paraguay Impeaches Peña Over Ueno Bank Collapse

Paraguay Impeaches Peña Over Ueno Bank Collapse

Paraguay’s Senate impeached President Santiago Peña over the collapse of government-linked digital lender Ueno Bank, which left nearly three million customers unable to access their savings. Peña was placed under house arrest and charged with breach of trust and other offenses, while Vice President Pedro Alliana was sworn in as president and protesters demanded accountability.

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