Paraguay president, facing impeachment, seeks more time to prep defense
Politics
Finance
Crime
November 6, 2026
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ASUNCION, Paraguay (AFP) — Paraguayan President Santiago Pena, who is facing impeachment proceedings following a banking scandal that has affected millions of people, on Friday requested three days more to prepare his defense.
The crisis erupted on Tuesday, when the Central Bank took control of Ueno Bank over fears for its solvency and froze the accounts of around three million customers, nearly half the country’s population.
Pena, who previously owned a stake in a group that controlled the bank, tendered his resignation on Thursday, but Congress put his resignation on hold while the impeachment process moves forward.
Politics
Finance
Crime
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