From Ndtv · · 1m 10s
Paraguay President Pena Impeached
Paraguayan president Santiago Pena placed under house arrest after Senate impeachment over Ueno Bank collapse.
In brief
Paraguayan president Santiago Pena placed under house arrest after Senate impeachment over Ueno Bank collapse. Paraguayan president Santiago Pena was impeached and placed under house arrest over Ueno Bank collapse involving public funds. Originally reported by Ndtv.
Paraguayan President Impeached
Paraguayan President Santiago Pena was impeached by Senate for misconduct in office over Ueno Bank collapse.
House Arrest Ordered
Prosecutors ordered Pena held at home until Saturday for economic crimes investigation.
Ueno Bank Collapse
Ueno Bank collapsed after regulators seized it, freezing savings for 6 million Paraguayans.
Pena's Denial
Pena denied wrongdoing despite Senate impeachment for misuse of public funds.
Vice President Sworn In
Vice President Pedro Alliana sworn in as president to serve until August 2028.
Public Outrage
Protesters demanding frozen savings and accountability marched through Asunción.
Deposit Recovery
Some depositors recovered money up to 10 million guaraníes (about $1,500).
Investigation Details
27 people charged including Ueno's founder Miguel Vázquez for breach of trust.
Political Fallout
Pena's Colorado party turned against him after Ueno collapse.
The key point
Paraguayan president Santiago Pena was impeached and placed under house arrest over Ueno Bank collapse involving public funds.
