Image source, César Olmedo.
The Paraguayan Congress dismissed the country's president, Santiago Peña, this Friday in a political trial over the scandal involving Ueno Bank, one of the country's main banks, intervened this week by the country's Central Bank after it was found that it had fallen below the minimum required solvency.
The president had submitted his resignation on Thursday, in what the opposition described as an attempt to avoid criminal prosecution for his role in the management of the bank, to which he was related, at least, until 2025.
If his resignation had been accepted, Peña would have become a senator for life and would have retained privileges that only a parliamentary vote could have stripped him of.
By rejecting his resignation and dismissing him through impeachment, Peña is now exposed to possible responsibilities within the framework of the investigation that the Prosecutor's Office is already carrying out on this case.
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