Paraguay President Santiago Peña resigns following digital bank collapse
Summary of 6 reports
Paraguay's President Santiago Peña resigned amid a crisis involving the collapse of digital lender Ueno, which froze millions of customers' accounts and affected public pension and health care funds. The resignation followed an impeachment motion in congress, with lawmakers voting to impeach him minutes after his departure. Reports indicate the bank had expanded operations under his administration before collapsing.
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Paraguay's President Santiago Pena resigns amid a bank crisis that froze millions of customers' accounts and sparked protests (opens DW in a new tab)
Paraguay's President Santiago Pena has resigned amid a crisis over his ties to collapsed lender Ueno. Millions of customers' accounts are frozen, with public pension and health care funds also tied up.
Paraguay: President Pena resigns amid bank crisis (opens DW in a new tab)
Paraguay's President Santiago Pena has resigned amid a crisis over his ties to collapsed lender Ueno. Millions of customers' accounts are frozen, with public pension and health care funds also tied up.
Paraguay President Santiago Peña resigns following bank collapse (opens ABC News in a new tab)
Paraguay President Santiago Peña resigns (opens BBC News in a new tab)
The move follows a bank collapse and after the lower house of congress voted in favour of pursuing an impeachment trial against him.
Paraguay President Pena resigns in wake of bank collapse (opens Al Jazeera in a new tab)
President Pena, a Trump ally, had faced an impeachment motion and protests after the collapse of digital lender ueno.
Paraguay's president is impeached minutes after resigning following a bank collapse (opens NPR in a new tab)
Paraguayan lawmakers voted to impeach President Santiago Peña minutes after his resignation, as the collapse of a digital bank tied to his government froze millions of people's savings.
Paraguay’s president quits after millions of people’s savings frozen in bank crisis (opens The Guardian in a new tab)
Santiago Peña’s rightwing administration had authorised Ueno Bank to drastically expand operations before collapse Paraguay’s rightwing president, Santiago Peña, resigned on Thursday after a political and financial crisis collapsed the South American…
