Paraguayan President Santiago Peña resigned Thursday after the collapse of digital lender Ueno Bank froze accounts for roughly three million customers and Congress moved toward impeachment. Lawmakers accused Peña, a Colorado Party conservative and Trump ally, of conflicts of interest and misconduct; he denied wrongdoing. Vice President Pedro Alliana is set to succeed him as Congress weighs depositor repayment.
Paraguay's President Santiago Peña resigns after bank collapse
Source: Al Jazeera