ISTANBUL, Nov 6 (Bernama-Anadolu) -- Paraguay’s president submitted his resignation on Thursday amid a political crisis triggered by the collapse of digital lender Ueno Bank and mounting pressure for his impeachment, Anadolu Ajansi (AA) reported, citing daily ABC Color.
Paraguay's President Resigns Amid Ueno Bank Crisis, Impeachment Pressure
Paraguay, President, Santiago Pena, resignation, U
Key takeaways
Paraguay's president resigned amid a banking crisis and impeachment pressure, citing the need to protect stability and depositors' savings.
- President Santiago Pena resigned to protect national stability and depositors' savings.
- Opposition lawmakers requested his impeachment following the Ueno Bank collapse.
- Protests and political pressure marked the crisis, with former president supporting the impeachment.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Also reported by Malay Mail
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