Paraguayan president announces resignation following banking crisis Santiago Peña announced his decision in a video message after the collapse of Ouano Bank, which left nearly three million customers without access to their accounts. The crisis sparked mass protests across the country. - I want to apologize to the people if at some point I did not meet expectations. "It was never my intention to betray the trust you placed in me," Pena said. Earlier, Congress initiated her impeachment amid accusations of conflict of interest and concealing the circumstances of the bank's collapse. The president denies the allegations.

Paraguayan president announces resignation following banking crisis Santiago Peña announced his decision in a video message after the collapse of Ouano Bank, which left nearly three million customers without access to their accounts. The crisis sparked mass protests across the country. - I want to apologize to the people if at some point I did not meet expectations. "It was never my intention to betray the trust you placed in me," Pena said. Earlier, Congress initiated her impeachment amid accusations of conflict of interest and concealing the circumstances of the bank's collapse. The president denies the allegations.