Paraguay's Peña Faces Impeachment Trial Over Bank Collapse
Paraguay's Senate pushed ahead Friday with an impeachment trial of President Santiago Peña. The case stems from the collapse of Ueno Bank, a digital lender tied to his government.
39 senators voted to deny Peña's request for 72 more hours.
78-0 vote in the lower house sent impeachment charges to the Senate.
3 top aides quit: Riera, Giménez and Moreno.
300 pages of accusations arrived hours before the session, Peña said.
Why it matters: Regulators seized Ueno before dawn Tuesday, citing breaches of minimum solvency requirements. Its nearly 3 million customers still cannot withdraw cash or use their cards.
Lawmakers cite Peña's former stake in Ueno's holding company, sold last year.
He also named a former Ueno executive to run the central bank.
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Political Bias
Coverage by lean% of 9 sources
9 sources · 11 articles · 45% Center coverage
Where they split: Peña's allies want his resignation accepted, which would grant him a lifetime Senate seat with immunity; opponents, including Sen. Líder Amarilla, call that impunity and want a conviction.
Center coverage, 4 sources: The center tracks the procedure and its stakes, noting Peña's due-process complaints alongside the case against him.
Left coverage, 2 sources: The left frames the trial as accountability for a president whose ties to a failed bank cost ordinary Paraguayans their savings.