Pedro Alliana has become president of Paraguay following the impeachment of his predecessorSantiago Peña over a banking crisis that left almost half the country unable to access their accounts.

Former Paraguayan Vice President Pedro Alliana was sworn in as president Friday to serve out the term of his predecessor, Santiago Peña, who was impeached earlier the same day for misconduct in office.

Santiago Peña was ousted from the presidency about an hour beforehand in a unanimous Senate vote, with lawmakers citing questions over his past links to the collapsed digital bank ueno that had provided accounts for nearly half of Paraguay's population.

Santiago Peña was ousted from the presidency about an hour beforehand in a unanimous Senate vote, with lawmakers citing questions over his past links to the collapsed digital bank ueno that had provided accounts for nearly half of Paraguay's population.

A bank serving nearly half of Paraguay's population has collapsed, leaving millions of customers struggling to access their savings and putting public funds at risk. President Santiago Pena, a former economist with the IMF, has been impeached and placed under house arrest.

A bank serving nearly half of Paraguay's population has collapsed, leaving millions of customers struggling to access their savings and putting public funds at risk. President Santiago Pena, a former economist with the IMF, has been impeached and placed under house arrest.

Paraguay's former President Santiago Peña has been taken to the attorney general’s office for questioning.