Paraguay's Senate impeaches President Pena over banking scandal

orf.at (German) —

Paraguay's Senate unanimously impeached President Santiago Pena amid a banking scandal, and he was placed under house arrest. Vice President Pedro Alliana was sworn in as the new president on Friday. Alliana promised full compensation to citizens affected by the financial collapse of digital bank ueno, which was placed under state control on Monday. The Senate voted 44-0 to remove Pena for "poor performance" of his duties, with hundreds celebrating outside. Pena will be questioned by prosecutors on Saturday over alleged breach of trust, influence peddling, and embezzlement. The bank's collapse froze accounts for millions of customers, and ueno held roughly $850 million in public funds.


With a significance score of 3.8, this news ranks in the top 4.8% of today's 30446 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Paraguay's Senate impeaches President Pena over banking scandal | News Minimalist