Paraguay Senate votes to remove President Santiago Peña from office following Ueno bank collapse
The unanimous vote strips Peña of immunity as prosecutors investigate public deposits and alleged insider lending tied to Ueno Bank.
- On Friday, the Paraguay Senate voted unanimously to remove Paraguayan President Santiago Peña from office, convicting him of misconduct tied to the collapse of Ueno Bank.
- Regulators seized Ueno Bank on Tuesday, locking nearly 3 million customers out of their savings after lawmakers accused Peña of steering more than $800 million in public funds into the institution.
- Impeachment charges cited Peña's prior stake in the bank's holding company, which he divested under pressure last year, and his appointment of a former Ueno executive to run the central bank.
- By convicting Peña instead of accepting his resignation, senators stripped him of the lifetime Senate seat and parliamentary immunity typically granted to outgoing leaders, leaving him vulnerable to prosecution.
- Vice President Pedro Alliana is set to succeed Peña as prosecutors continue criminal investigations targeting the former president and central bank officials regarding the bank's collapse and public fund misuse.
49 Articles
49 Articles
A turbulent financial and state crisis has shaken Paraguay. The Senate has now unanimously dismissed Santiago Peña as President. He is accused of a breach of duty in office.
A turbulent financial and state crisis has shaken Paraguay. The Senate has now unanimously dismissed Santiago Peña as President. He is accused of a breach of duty in office.
Santiago Peña, an ally of Donald Trump in the heart of South America, stopped being president of Paraguay this Friday. The president had announced his intention to leave office this Thursday in the face of the lack of support of his political party. Vice President Sergio Alliana will assume the executive branch. The Congress confirmed the dismissal of Peña after the president of center-rights was involved in a financial scandal that has the coun…
The Paraguayan Senate unanimously approved the impeachment of President Santiago Peña on Friday, early interrupting the 47-year-old government of the former economist of the International Monetary Fund (IMF). The decision, in practice, removes Peña from office and suspends all constitutional guarantees to which he would have been entitled if he had completed his term of office or resigned, such as a life chair in the Senate and a privileged foru…
With the vote of the 44 senators, he is the second president of Paraguay's recent history evicted from power in a political trial, after leftist Fernando Lugo.
Paraguay's Senate found the President of the country, Santiago Peña, guilty of impeachment and ordered his removal from office as Head of State. "The accused is unanimously found guilty and is legally removed from the office of President of Paraguay," says Parliament's statement in X. Senat Paraguay, which unanimously supported impeachment by the Head of State. 44 senators voted in favour of the conviction and one legislature was absent. Accordi…
Coverage Details
Bias Distribution
- 44% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
