Paraguay Protests Over Bank Lockout Intensify as Impeachment Vote Nears

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Thousands of Paraguayans marched through Asunción after Ueno Bank locked around three million customers out of their accounts, representing about 60% of the country’s adults. The digital lender also held between $800 million and $850 million in public funds, including money earmarked for pensions and healthcare. President Santiago Peña resigned, but Congress did not accept his resignation after the lower house voted 78-0 to open his impeachment. The Senate rejected his request for 72 additional hours to prepare his defense, while the interior minister, the central bank president and eight Ueno executives resigned or were arrested, and prosecutors opened a criminal investigation into Peña.

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Telemac
Telemachttp://cryptoinfo.ch
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