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Full coverage· Politics· Updated

Paraguayan President Impeached, Arrested Amidst Banking Crisis

Paraguay's President Santiago Peña was impeached by the Senate and subsequently arrested on charges related to a major bank collapse. The impeachment aimed to deny him legal immunity, and he faces accusations of breach of trust and abuse of power. His Vice President, Pedro Alliana, is set to take over.

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Paraguayan President Impeached, Arrested Amidst Banking Crisis
Illustration by baba

What happened

  1. 01President Santiago Peña was impeached by the Paraguayan Senate and arrested.
  2. 02The impeachment occurred after the collapse of a major bank, affecting three million citizens.
  3. 03Peña faces charges including breach of trust and abuse of power.
  4. 04Vice President Pedro Alliana is expected to complete Peña's term.
  5. 05Paraguay has maintained strong support for Israel, moving its embassy to Jerusalem in 2024.

The bank's failure has frozen millions of accounts, leading to public protests.

Translated and summarized by baba from i24NEWS, the latest report. Read i24NEWS’s original

The coverage

2 newsrooms on this story

Who covered it

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How it broke

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