Paraguay's President Santiago Peña has announced his resignation following a political crisis sparked by the collapse of a bank linked to him.
"I want to apologise to the people if at any point I failed," he said in a video message on social media.
The political crisis in Paraguay erupted after financial institution Ueno Bank, which was linked to Peña, entered an insolvency process, which froze all operations.
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Paraguay's President Santiago Peña has announced his resignation following a political crisis sparked by the collapse of a bank linked to him.
"I want to apologise to the people if at any point I failed," he said in a video message on social media.
The political crisis in Paraguay erupted after financial institution Ueno Bank, which was linked to Peña, entered an insolvency process, which froze all operations.