From Buenos Aires Times · Marta Escurra, AFP · · 50s
Paraguay Impeaches President Peña
Paraguay's Senate impeaches President Peña amid banking crisis, replacing him with VP Alliana.
In brief
Paraguay's Senate impeaches President Peña amid banking crisis, replacing him with VP Alliana. Paraguay's Senate impeaches President Peña over banking crisis, replacing him with VP Alliana who promises to compensate depositors. Originally reported by Buenos Aires Times.
Paraguay Impeaches President
Paraguay's Senate impeaches President Santiago Peña over banking crisis.
Senate Votes to Remove Peña
44 out of 45 senators voted to impeach Peña, with one absent.
Peña Under House Arrest
Ex-leader placed under house arrest minutes after impeachment.
Alliana Promises Compensation
Alliana pledges to compensate depositors affected by Ueno Bank's collapse.
Deposit Aid Begins
First aid payments up to US$1,600 for eligible depositors start Thursday.
Peña Faces Legal Probe
Peña questioned over breach of trust and misappropriation of funds.
The takeaway
Paraguay's Senate impeaches President Peña over banking crisis, replacing him with VP Alliana who promises to compensate depositors.
