In brief
Paraguay’s president Santiago Peña resigned after the Ueno Bank crash, which froze the accounts of nearly three million customers. The resignation was announced in Buenos Aires and followed a complaint by opposition senators accusing Peña of illicit enrichment linked to the bank’s collapse.
Paraguayan President Santiago Peña resigned following the collapse of Ueno Bank, which left the accounts of nearly three million customers frozen, according to TASS.
The digital bank’s sudden failure shut access to the funds of almost 3 million Paraguayan citizens, triggering a nationwide financial crisis.
"I made the decision to resign from the office of the president of the republic. I do this thinking of stability of our country," Peña said in a statement released in Buenos Aires.
Opposition senators have filed a complaint with the Prosecutor General’s Office accusing Peña of illicit enrichment stemming from the scandal surrounding the digital bank.
