Paraguay Senate impeaches President Peña over Ueno Bank collapse

Paraguay Senate impeaches President Peña over Ueno Bank collapse

Paraguay's Senate unanimously impeached President Santiago Peña on Friday, placing him under house arrest over the collapse of the state-affiliated digital lender Ueno Bank and the resulting financial crisis. Prosecutors charged him with breach of trust and sought asset freezes and pre-trial detention as Vice President Pedro Alliana took office amid street protests demanding accountability from bank customers.

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