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Paraguay ousts President Peña over bank collapse, Alliana sworn in as successor

India Today Nov 07, 2026 at 05:08 AM IST
Paraguay ousts President Peña over bank...

AI summary

Paraguay's Senate impeached President Santiago Peña over the Ueno Bank collapse, leading to Vice President Pedro Alliana's immediate inauguration. Prosecutors have sought arrest warrants for Peña and a former central bank chief amid a criminal investigation into the scandal.

Key takeaways

  • All forty-four senators voted to remove President Peña for misconduct in office.
  • Prosecutors sought arrest warrants for Peña and a former central bank chief.
  • The impeachment denies Peña a lifetime Senate seat and its associated immunity.
  • Congress rejected Peña's resignation offer to ensure he faced full accountability.
Read the original at India Today

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