What we know
What we know: Paraguay’s Peña loses top aides as impeachment trial resumes over failed bank
Compiled Nov 6
What we know
- Top aides to President Santiago Peña resigned as the Senate resumed an impeachment trial Friday that could remove him from office
- Senators rejected Peña's request for 72 more hours to respond to accusations
- Ueno Bank, a digital lender, collapsed this week, freezing the savings of millions of Paraguayans
- Interior Minister Enrique Riera resigned late Thursday, followed by chief of staff Javier Giménez and legal adviser Roberto Moreno on Friday
- The lower house voted 78-0 to impeach Peña and send the case to the Senate
- Former Ueno CEO Miguel Vázquez has been charged with crimes including breach of trust and attempted fraud, and six bank directors have been ordered held in pretrial detention
What we don’t know yet
- The outcome of the three criminal investigations opened by prosecutors into the bank's collapse
- Whether the Senate will convict and oust Peña or whether Congress will instead approve his resignation
- The central bank calls the collapse an 'isolated case,' an assessment not independently verified in the article
Open questions
- Will the Senate convict Peña or will his allies secure approval of a resignation instead?
- What happens to the nearly 3 million Ueno Bank customers still unable to access their funds?
- What will the three criminal investigations into the bank's collapse ultimately find?
- Will Vice President Pedro Alliana face further attempts to remove him from office?
Drawn from the Associated Press report. “What we don’t know” lists only what the reporting itself flags as unresolved.