Paraguay's President Santiago Peña has been impeached and placed under arrest, according to multiple reports. The move follows a significant bank collapse scandal that has triggered a political crisis in the South American nation.
President Peña is reportedly under house arrest. The crisis is linked to the collapse of ueno bank, which has been identified as a key factor in the country's financial turmoil.
Following Peña's removal, Pedro Alliana has been sworn in as the new president of Paraguay. This is a developing story and will be updated as details emerge.
