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Update: Peña says he will face Paraguay impeachment as Argentina denies entry claim

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Paraguayan President Santiago Peña said he will stay to face an impeachment trial linked to the Ueno Bank collapse, while Argentina denied claims he had entered that country, MercoPress reported. Congress has already rejected his resignation attempt and is pressing accountability after millions of savers saw funds frozen. Peña’s insistence on facing the process aims to counter rumours of flight as protests continue. Opposition lawmakers argue the banking scandal exposed regulatory failure and political ties to the lender’s parent group. Regional neighbours are watching for stability risks if the presidency is vacated mid-crisis. Court and congressional calendars will determine how quickly articles of impeachment advance.

Source: MercoPress

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