South America - Banking Affair: Paraguay's Parliament Insists on Impeachment Proceedings Despite the Resignation of President Peña

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In Paraguay, despite a resignation from President Peña in the course of a banking affair, the Parliament insists on a withdrawal procedure against him.

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Paraguay's President Santiago Peña remains in office for the time being despite his resignation: Congress was unable to decide on the vote. Now, due to Ueno Bank's bankruptcy, an impeachment procedure is under way, millions of savers are afraid of their money.

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The House dissolves the president. Paraguay fends off resignation offer, knocks Ueno Bank bankrupt

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Parliament does not accept his resignation, and the Senate meets to subject him to an express impeachment process, which ends up not being carried out due to lack of a quorum.