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Paraguay’s President Removed and Arrested Over Financial Crisis

Santiago Peña was impeached, removed from office and placed under house arrest after a bank with close ties to his administration went under.

© Daniel Duarte/Agence France-Presse — Getty Images

Police officers outside a Ueno bank building in downtown Asunción, Paraguay’s capital, on Friday.

Paraguay’s President, Santiago Peña, Quits Amid Ueno Bank Scandal

The president of the South American nation, Santiago Peña, has apologized for failing to prevent its worst financial crisis in decades.

© Brendan Smialowski/Agence France-Presse — Getty Images

President Santiago Peña of Paraguay at the United Nations in New York in September.
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