Ousted Paraguay president under house arrest after banking crisis leaves 60% of country unable to access accounts
- Paraguay’s rightwing president has been placed under house arrest minutes after he was impeached by Congress, amid a severe crisis that left more than half the country’s population unable to access their bank accounts.
- Santiago Peña is being investigated about allegations he used his political influence to favour a bank that expanded exponentially under his government and was suspended this week after irregularities.
- The move froze the accounts of 2.9 million people, about 60% of the country’s adult population, who were customers of the bank – Ueno - and who overnight could no longer use their o
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- Paraguay’s rightwing president has been placed under house arrest minutes after he was impeached by Congress, amid a severe crisis that left more than half the country’s population unable to access their bank accounts.
- Santiago Peña is being investigated about allegations he used his political influence to favour a bank that expanded exponentially under his government and was suspended this week after irregularities.
- The move froze the accounts of 2.9 million people, about 60% of the country’s adult population, who were customers of the bank – Ueno - and who overnight could no longer use their o
Sources: Guardian