Paraguay ex-president charged after Ueno Bank collapse sparks protests
Paraguay's former president Santiago Pena has been charged after questioning at the attorney general's office in Asuncion over an alleged banking scandal linked to the collapse of Ueno Bank. The case has triggered days of protests across the country, with thousands of people demanding access to their savings. Some demonstrations have turned violent, with clashes reported between protesters and police.Prosecutors said Pena was charged after spending the morning at the attorney general's office, a day after he was impeached over the affair. According to the supporting material, he was charged with breach of trust and administration for personal gain. Pena... [Continue Reading]
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Paraguay crisis deepens as Santiago Pena is impeached, arrested and Pedro Alliana takes over
Paraguay's political and financial crisis deepened on Friday after Congress impeached President Santiago Pena and authorities placed him under house arrest. Senators then appointed Pedro Alliana, the former vice president, as president shortly after the vote, marking a rapid transfer of power in the capital. The move followed the collapse of Uneo Bank, which left almost half the country unable to access their accounts and triggered public anger across the country.Senate President Basilio Nunez said Mr Pena was found guilty of poor performance in his duties after 44 of 45 senators voted for impeachment, with one absent. Prosecutor Silvia Margarita... [Continue Reading]