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الشرق الأوسط
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2026-11-04T22:44:53.000Z

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Paraguay Ouster Effort

Paraguay Ouster Effort

Paraguay’s opposition has filed a motion to impeach President Santiago Peña and his vice president, accusing them of misconduct and conflicts of interest after the central bank took control of Banco Ueno, with which Peña had previous ties, over a severe capital shortfall. The motion was signed by 35 lawmakers. To proceed, it needs the support of 53 of the 80 members of the Chamber of Deputies, followed by 30 of the 45 senators; Peña’s party holds a majority in both chambers. The suspension of the bank’s services—which serves more than three million customers and manages pension and government funds—has left depositors unable to access their money. Central Bank Governor Carlos Carvallo also resigned at the president’s request.

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