Paraguay: President threatens impeachment after banking scandal
Paraguay's President Santiago Peña faces impeachment amid a banking scandal involving the collapse of Ueno Bank, affecting millions of depositors. Despite his resignation attempt failing in parliament, he must defend himself against allegations of conflict of interest due to past ties with the bank's owners. The government is under scrutiny as investigations into mismanagement and fraud are underway, with several arrests made. Protests have erupted demanding access to savings and accountability from Peña. If impeached, Vice President Pedro Alliana would succeed him, while the opposition pushes for legal action against Peña.
Fact-check this story: paste the text or link into Justifact and get a verdict with the sources consulted.