Paraguay President Peña impeachment

Paraguay's President Peña faces impeachment after Ueno digital bank collapse

Paraguay is in political crisis after the collapse of Ueno, a digital bank with ties to President Santiago Peña. On 3 November authorities seized the bank, leaving millions of customers in limbo, and the central bank chief resigned at the president's request. By 4 November a bid to remove Peña was under way in the Senate, and he was reported to be under investigation. A prosecutor said they would seek charges against him. Peña skipped the Senate impeachment trial, and reports that day said he had resigned as protests and the banking turmoil continued.