Paraguay President Santiago Peña Resigns Amid Bank Collapse and Impeachment Proceedings
Paraguayan President Santiago Peña resigned following the collapse of the digital lender Ueno Bank, which froze millions of people's savings and triggered protests. Lawmakers in the lower house voted to impeach Peña shortly after his resignation announcement.
- Paraguay President Santiago Peña resigned on Thursday.
- The resignation followed the collapse of digital lender Ueno Bank, which tied up millions of people's savings.
- Lawmakers voted to impeach Peña shortly after he announced his resignation.
How coverage differs: The outlets differ slightly on the exact timing of the impeachment vote relative to the resignation, with NPR and France 24 stating lawmakers voted to impeach him minutes after he stepped down, while the BBC noted the lower house voted in favor of pursuing an impeachment trial after his resignation announcement and the Washington Times noted impeachment articles were filed the day prior.
Read the sources (8)
- BBC — Paraguay's president impeached and under house arrest after bank collapse Center
- CBS News — Paraguay's president under house arrested after bank collapse Lean Left
- Deutsche Welle — Ueno Bank scandal plunges Paraguay into political crisis Center
- The Guardian — Paraguay’s president quits after millions of people’s savings frozen in bank crisis Lean Left
- France 24 — Paraguay places ousted president Peña under house arrest after bank collapse Center
- New York Times — Paraguay’s President, Santiago Peña, Quits Amid Ueno Bank Scandal Lean Left
- ABC News — Peña skips Senate impeachment trial as Paraguay reels from Ueno bank collapse Lean Left
- Washington Times — Pena skips Senate impeachment trial as Paraguay reels from Ueno bank collapse Lean Right