Santiago Peña wears a suit and looks off into the distance while being interviewed on American TV in September. Image source, Bloomberg via Getty Images
ByVictoria Bourne and Will Grant, Mexico, Central America and Cuba correspondent
  • Published31 minutes ago

Paraguay's President Santiago Peña has been impeached and placed under house arrest.

Peña was arrested on Friday minutes after lawmakers, including from his own party, voted to remove him from office due to a crisis triggered by the collapse of Ueno Bank earlier this week.

He had offered to step down on Thursday, but the move to impeach him and charge him with misconduct rather than accept his resignation meant he was stripped of his lifetime Senate seat and the immunity granted to ex-presidents.