Paraguay’s Senate resumes President Peña impeachment proceedings

Il Senato del Paraguay riprende la procedura di impeachment nei confronti del presidente Peña


Two people talk near a newspaper stall with newspapers displaying President Santiago Pena as Paraguay’s lawmakers hold an extraordinary session to consider impeachment proceedings against him, following his resignation announcement amid accusations of invo (Reuters)

By Daniela Desantis

ASUNCION, Nov 6 (Reuters) - Paraguay’s Senate went ahead with an extraordinary meeting on Friday to decide on the future of President Santiago Peña, who had submitted his resignation the prior day. 

The Senate has resumed impeachment proceedings against Peña after he handed in his resignation on Thursday following the collapse of a prominent digital lender, ueno, to which he had former business links. 

On Thursday evening, lawmakers acting as prosecutors filed the charges for his impeachment; the next step is for Peña to defend himself, for which he has requested a 72-hour extension. 

The turmoil began earlier this week after Paraguay’s central bank intervened in ueno, saying the fast-growing ​digital bank had breached minimum solvency requirements. The fallout has already forced out the central bank chief and led to arrest ​warrants for eight ueno executives, who later turned themselves in. 

(Reporting by Daniela Desantis in Asuncion; Adittional reporting by Aida Pelaez-Fernandez; Editing by Lucinda Elliott)

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