Paraguay’s lower house voted to impeach former President Santiago Peña
Paraguay’s lower house unanimously voted to impeach former President Santiago Peña minutes after he resigned amid the collapse of Ueno Bank, NPR reported. Reuters said lawmakers also rejected an impeachment motion against Vice President Pedro Alliana. Euronews reported Peña had held a stake until last year in a company related to the lender.
More context
Paraguay’s lower house unanimously voted to impeach former President Santiago Peña minutes after he resigned amid the collapse of Ueno Bank, NPR reported. Reuters reported that lawmakers also rejected an impeachment motion against Vice President Pedro Alliana, who is next in line for the presidency. Euronews reported the vote against Peña was unanimous. The central bank took control of Ueno on Tuesday, citing a severe capital shortfall. The bank had close to three million customers, who lost access to their accounts, Euronews reported. Peña said in a recorded address that he was resigning with the country’s stability, social peace and democratic institutions in mind. Euronews reported that Peña held a stake until last year in a company related to Ueno. The crisis brought protests and cost Peña the backing of members of his own party, Reuters reported.
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Reporting
- Reuters — Paraguay President Peña resigns under mounting pressure from bank collapse | Reuters
- Bloomberg — Paraguay President Peña Resigns After Ueno Bank Collapse, ABC Reports - Bloomberg
- Los Angeles Times — Paraguay President Santiago Peña resigns following bank collapse - Los Angeles Times
- National Public Radio — Paraguay president impeached minutes after resigning following bank collapse : NPR
- Euronews — Paraguayan president resigns amid bank collapse leaving 3M people without access to bank accounts | Euronews
- The Guardian — Paraguay’s president quits after millions of people’s savings frozen in bank crisis
- United Press International — Watch: Paraguay's Peña resigns as lawmakers approve impeachment charges - UPI.com
- organiser.org — Paraguay Banking Crisis: President Peña Steps down
Verifier’s note
The results report Peña’s resignation amid the Ueno Bank collapse, with NPR, UPI, Reuters, Euronews, and Organiser also describing impeachment proceedings or a move toward impeachment. The Guardian, the Los Angeles Times, and Bloomberg likewise report the resignation tied to the bank crisis; Bloomberg attributes its account to ABC.