Paraguay’s prez ousted as political crisis deepens
dpaBuenos Aires Paraguay’s financial and political crisis has deepened after lawmakers removed President Santiago Peña from office and prosecutors issued an arrest warrant for him...
Paraguay's President Santiago Peña was removed from office following a political crisis that deepened due to allegations of misconduct in office and involvement in a banking scandal. The Senate unanimously voted to impeach Peña, who was subsequently placed under house arrest and is expected to appear before a specialist unit for economic crime and corruption.
Vice President Pedro Alliana was sworn in as the new leader, set to serve until August 2028. The financial crisis in Paraguay has been ongoing, with the central bank's winding down of Ueno Bank, which is now effectively insolvent, causing widespread concern among the public about the safety of their savings. Several high-ranking officials, including Peña, the central bank chief, and the interior minister, have resigned amidst the ongoing investigations into the scandal.
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