WorldOusted Paraguay president placed under house arrest after banking crisis leaves 60% unable to access accounts
Paraguay’s Congress impeached President Santiago Peña, who was ordered under house arrest minutes later. The suspension of Ueno Bank over irregularities blocked about 2.9 million customers—roughly 60% of the country’s adult population—from accessing their money, prompting protests. Peña is under investigation over allegations he used political influence to favour the bank; Vice-President Pedro Alliana was sworn in as the new leader.
Ousted Paraguay president placed under house arrest after banking crisis leaves 60% unable to access accounts
World