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Why was Paraguayan President Santiago Peña impeached and placed under house arrest? All about the case and its fallout

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Why was Paraguayan President Santiago Peña impeached and placed under house arrest? All about the case and its fallout
Photo / Coverage: Livemint - News
EXECUTIVE SUMMARY

Santiago Peña was ousted by the Senate over the collapse of a government-linked bank that locked nearly half the country’s 6 million people out of their savings, reports claimed.

Key Takeaways

  • Why was Paraguayan President Santiago Peña impeached and placed under house arrest?
  • All about the case and its fallout.
  • Santiago Peña was ousted by the Senate over the collapse of a government-linked bank that locked nearly half the country’s 6 million people out of their savings, reports claimed.

Santiago Peña was ousted by the Senate over the collapse of a government-linked bank that locked nearly half the country’s 6 million people out of their savings, reports claimed.

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