Paraguay's president under house arrested after bank collapse | HappeningNow.news

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Paraguay's president under house arrested after bank collapse

Paraguay's president has been placed on house arrest on Friday after the collapse of a government-linked bank that locked nearly half the country's population out of their accounts.

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Paraguay's president has been placed on house arrest on Friday after the collapse of a government-linked bank that locked nearly half the country's population out of their accounts. Paraguay's Senate voted to remove Santiago Peña for misconduct in office, making him the second president ousted by impeachment since the end of Gen. Alfredo Stroessner's 35-year dictatorship in 1989.

Read original at CBS News

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