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RT Arabic
Source: RT Arabic
1 DayRT Arabic
Source: RT Arabic
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Paraguay’s Senate removed President Santiago Peña from office on Friday, November 6, after unanimously convicting him: all 44 senators voted for his removal, with none opposed. The House of Representatives had voted 78–0 to begin impeachment proceedings. The case stemmed from the crisis at Owino Bank, which the central bank took over after its capital adequacy ratio fell to less than half the required minimum. The intervention froze the accounts of around three million customers and sparked protests. The impeachment trial accused Peña of conflicts of interest, interfering with financial oversight and diverting pension-fund money to the bank. He denied any wrongdoing, and his lawyers challenged the proceedings. Vice President Pedro Alliana will serve as president until the end of the term in 2028.
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