Paraguay: Thousands protest banking scandal as president faces impeachment
Thousands of Paraguayans have taken to the streets over a banking scandal that has left nearly half the population without access to their savings. Protesters are demanding President Santiago Peña face impeachment despite his offer to resign.
A banking scandal in Paraguay has sparked thousands of protests as President Santiago Peña faces the possibility of impeachment, according to reports. The president has tendered his resignation, but Congress has temporarily halted it pending impeachment proceedings, maintaining him in office for the time being. Demonstrators took to public squares, holding up placards demanding justice and accountability, while graffiti called for political leaders to resign.
One protester displayed an effigy of President Peña and set fire to an image of him, expressing their disdain. The anger over the financial crisis fueled demands for Peña to face impeachment instead of being allowed to resign, which would grant him a seat as senator for life and immunity. Protesters chanted slogans advocating for a political trial, with a placard declaring that resignation was not enough and demanding fair proceedings.
The protests involved families and young people, with three million bank customers having their savings frozen due to the crisis. Paraguay is grappling with a deepening financial and institutional crisis, leaving the public even more outraged.
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