Paraguay's president impeached and under house arrest after bank… | HappeningNow.news

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Paraguay's president impeached and under house arrest after bank collapse

Paraguay's President Santiago Peña has been impeached and placed under house arrest after the collapse of a digital bank with links to his private business interests.

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Paraguay's President Santiago Peña has been impeached and placed under house arrest after the collapse of a digital bank with links to his private business interests. Peña was arrested on Friday minutes after lawmakers, including from his own party, unanimously voted to remove him from office due to a widening crisis triggered by the collapse of Ueno Bank earlier this week.

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