Paraguay’s National Congress voted to impeach President Santiago Peña on 6 November 2026, following the collapse of Ueno Bank that has caused widespread economic turmoil in the country. The impeachment decision came after prosecutors opened three criminal investigations into the bank’s failure. The inquiries include allegations that involve President Peña, though no charges have yet been formally filed. The collapse of Ueno Bank has disrupted financial markets and eroded public confidence, prompting lawmakers to act on the president’s alleged role in the crisis. The impeachment vote marks a significant political response to the banking collapse that has roiled Paraguay.
Article source: Myanmar News | Image credit: Myanmar News