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Portrait of Santiago Peña Office of the President, Taiwan, CC BY 4.0

Paraguay's president Peña offers resignation and is impeached after Ueno bank collapse

Santiago Peña announced his resignation on Thursday 5 November, two days after the central bank seized the digital lender Ueno, and the lower house voted 78-0 to impeach him minutes later. A vote on the resignation collapsed for lack of quorum, so he remains president while the Senate tries him. No verdict had been reported as of early Friday 6 November.

World Comlumen Desk 4 min read

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    Paraguay's president Peña offers resignation and is impeached after Ueno bank collapse

    Santiago Peña announced his resignation on Thursday 5 November, two days after the central bank seized the digital lender Ueno, and the lower house voted 78-0 to impeach him minutes later. A vote on the resignation collapsed for lack of quorum, so he remains president while the Senate tries him. No verdict had been reported as of early Friday 6 November.