Paraguay Congress debates Peña impeachment after Ueno collapse
What's new: Colorado Party leaders pulled support from Peña, raising pressure as lawmakers weigh a two-thirds vote.
Paraguay's Congress began debating whether to remove President Santiago Peña on Thursday, days after the collapse of digital lender Ueno locked millions of customers out of their accounts and triggered protests. Lawmakers accuse Peña of conflicts of interest, misuse of pension funds and covering up irregularities tied to the bank. The push intensified after Congress President Basilio Núñez and Colorado Party leader Horacio Cartes withdrew support ahead of the session. Paraguay's central bank intervened in Ueno after finding it had fallen below minimum solvency rules. The crisis has also forced the central bank chief's resignation, led to the detention of eight Ueno executives and shaken confidence in the country's banking system.