The Congress of Paraguay will continue an impeachment process against conservative President Santiago Peña on Friday, it announced hours after rejecting the president’s resignation.
\n\nThe Paraguayan Senate has since then summoned Peña to appear before Congress on Friday to present his defense arguments and continue the impeachment proceedings.
\n\nPeña publicly announced his resignation from the presidency on Thursday morning as the South American nation faces a severe banking crisis triggered by the recent collapse of the Asunción-based digital bank Ueno — a developing situation that has left millions unable to access their funds. The Paraguayan Central Bank seized Ueno Bank this week and found evidence the financial institution had breached minimum solvency requirements, prompting the freezing of assets as the Central Bank assesses the situation after the alleged mismanagement of the bank.
\n\nMembers of the Paraguayan opposition accuse Peña of being involved in the insolvency of Ueno Bank, issuing accusations of corruption and conflicts of interest against the conservative head of state. Although President Peña presented his resignation as the nation’s head of state, the Paraguayan Congress rejected it hours later.
\n\nSenator and opposition spokesperson Líder Amarilla reportedly argued on Thursday that Congress could not accept Peña’s resignation on grounds…
Original source: https://www.breitbart.com/latin-america/
