President Peña skips Senate impeachment trial as Paraguay reels from Ueno bank collapse
Senators rejected Santiago Peña’s 72-hour delay request as prosecutors opened criminal probes into Ueno Bank’s collapse and 3 million frozen accounts.
- On Friday, Paraguay's Senate formally opened an impeachment trial against President Santiago Peña, rejecting his resignation offer. Lawmakers seek to remove him over allegations of conflicts of interest linked to the collapse of Ueno Bank.
- The crisis began Tuesday when Paraguay's central bank seized Ueno Bank, leaving millions unable to access accounts. The lender held about $800 million in public deposits, including state pension and health program funds.
- Congress rushed through a law Wednesday guaranteeing state repayment of stranded accounts, securing up to about $36,000 per customer. The legislation covers about 97 percent of Ueno's clients' full balances.
- Both houses of Congress refused Peña's resignation offer to block his transition to a senator-for-life role with legal immunity. If removed from office, Vice President Pedro Alliana would assume the presidency.
- Attorney General Emiliano Rolón Fernández has ordered criminal investigations into the crisis, with 27 officials charged. Paraguay ranks poorly on Transparency International's index, underscoring institutional corruption concerns.
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The Senate of Paraguay has held an extraordinary plenary session on Friday as part of Santiago Peña’s process of dismissal, which presented his resignation yesterday after the collapse of Ueno Bank. The Senate has rejected the request of the Paraguayan president’s legal team to postpone his political trial. Peña’s resignation has not yet been formally accepted, leaving the South American country in a political limbo.
The lawyers of the president of Paraguay, Santiago Peña, arrived in Congress to exercise the defense of the president. Adolfo Ferreiro and Ricardo Preda presented themselves in the Senate after the legislators rejected Peña’s request for a 72-hour extension to prepare his presentation. The president of Paraguay was involved in the [...] The entry Without the presence of Santiago Peña, his lawyers presented their defense in the Senate of Paraguay…
President Santiago Pena says he received 300 pages of evidence less than 12 hours before being summoned to defend himself
The lawyers of the president of Paraguay, Santiago Peña, came to the Senate this Friday to present the “technical” and “legal” defense in the political trial initiated against the ruler, who, in the midst of the scandal unleashed by the closure of private Ueno Bank. Counsels Adolfo Ferreiro and Ricardo Preda arrived at the plenary near the ... Continue reading “President of Paraguay does not come to the Senate and sends his lawyers to present hi…
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