Paraguayan President Peña Ousted, Placed Under House Arrest
Paraguay's Vice President Pedro Alliana was sworn in to serve the remainder of the ousted president’s term.
TL;DR
- President Santiago Peña of Paraguay was impeached and removed from office.
- He was placed under house arrest on November 6th.
- The impeachment was linked to a financial crisis caused by the collapse of Ueno Bank.
- Peña was a shareholder in the group that controlled Ueno Bank.
- Accusations include conflicts of interest, pension fund misuse, and institutional cover-ups.
- Peña denied any wrongdoing.
- He offered to resign on November 5th, but Congress proceeded with impeachment.
- Impeachment denied him the immunity of a former president.
- All 44 senators present voted to remove him.