Pedro Alliana Sworn in as Paraguay President After Santiago Peña's Impeachment
Alliana takes over after senators oust Peña, as prosecutors investigate allegations that public funds were steered into Ueno Bank and nearly 3 million customers lost access to savings.
- On Friday, Pedro Alliana assumed Paraguay's presidency following the impeachment of Santiago Peña. Peña remains under house arrest in the capital, where prosecutors question him over alleged breach of trust and misappropriation of funds.
- Alliana takes office amid a financial crisis sparked this week by the collapse of Ueno Bank. The failure froze savings for half of the country's adult population, intensifying the instability that precipitated the impeachment.
- A former national basketball player, Alliana emerged as a political figure with backing from Horacio Cartes, leader of the ruling Colorado Party. He previously served in the Senate before his sudden elevation to the presidency.
- Tensions surfaced between Alliana and Cartes before the impeachment, with Alliana stating on 26 October that loyalty should not be confused with "blind obedience." Lawmakers rejected impeachment proceedings against Alliana while removing Peña.
- With his term ending in August 2028, Alliana vowed to tackle the nation's economic and political instability. Stabilization efforts remain the primary challenge as the new administration navigates fallout from the Ueno Bank collapse.
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27 Articles
Paraguay VP Alliana sworn is as president after predecessor impeached
Former Paraguayan Vice President Pedro Alliana was sworn in as president Friday to serve out the term of his predecessor, Santiago Peña, who was impeached earlier the same day for misconduct in office.
Who is Paraguay's new president Pedro Alliana?
ASUNCION, Nov 7 - Paraguay's Vice President Pedro Alliana became president after the country's Senate impeached and removed Santiago Peña amid a banking crisis that triggered major political backlash. Read more at straitstimes.com.
Pedro Alliana was sworn in as the new President of Paraguay, successor to Santiago Peña, who was removed from office by decision of the Senate, against the backdrop of a political and financial crisis that erupted following the collapse of a digital bank in the country.
After a chaotic week, in which Paraguayans took to the streets en masse to demand his resignation, President Santiago Peña has been ousted and under...
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