Paraguay’s Santiago Peña under house arrest after impeachment amid bank crisis
Santiago Peña was placed under house arrest after Congress impeached him amid a banking crisis that left 60% of Paraguay unable to access accounts.
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Paraguay’s Santiago Peña was placed under house arrest minutes after Congress impeached him amid a banking crisis that left 60% of the population unable to access their accounts.
Peña is under investigation over allegations that he used his political influence to benefit Ueno bank, which grew rapidly during his presidency. The bank was suspended this week following irregularities.
Protesters took to the streets to demand answers after the suspension, as the crisis disrupted access to banking across the country.
Originally reported by The Guardian. Read the full story at The Guardian
