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Politics🇵🇾9 sources· 4 hours ago

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.

Sources

  • BloombergTier 180% reliableRead →11 hours ago
  • BBC News (World)Tier 185% reliableRead →9 hours ago
  • NPRTier 185% reliableRead →9 hours ago
  • PBS NewsHourTier 185% reliableRead →4 hours ago
  • ABC NewsTier 275% reliableRead →10 hours ago
  • The Straits TimesTier 180% reliableRead →28 hours ago
  • CNN IndonesiaTier 180% reliableRead →13 hours ago
  • RepublikaTier 175% reliableRead →10 hours ago
  • CNBC IndonesiaTier 275% reliableRead →3 hours ago

Earlier in this story

  1. 28 mins agoParaguay President Santiago Peña Resigns After Bank Ueno Collapse
  2. 42 mins agoParaguay's Peña quits as Ueno collapse triggers impeachment vote
  3. 4 hours agoParaguay Congress debates Peña impeachment after Ueno collapsereading now

Series

Paraguay · Presidential Impeachment Push Over Bank CollapseSee every chapter in this series →

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Paraguay Congress debates Peña impeachment after Ueno collapse — Veloxia Global News