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00:04A banking scandal in Paraguay, a South American country, has sparked nationwide outrage.
00:08On the 3rd of this month, Vinobank, Paraguay's largest digital bank...
00:13OK
00:13Due to a severe shortage of funds
00:15Technically, it is completely insolvent.
00:18It was declared bankrupt after being subject to forced liquidation.
00:21Subsequently taken over by the Central Bank of Paraguay
00:23And the bank users' deposit accounts were frozen.
00:27This has resulted in approximately 3 million people being unable to access their savings.
00:30The number of people affected is almost half of the country's population.
00:33This sparked strong public discontent and protests.
00:36Facing public protests and pressure
00:38Paraguayan President Peña Nieto, who was once a shareholder of the bank involved in the scandal,
00:42He announced his resignation the day before yesterday.
00:44However, the public was not satisfied.
00:45We continue to demand that the government hold Peña accountable.
00:48Peña Nieto had originally hoped to step down as president by resigning.
00:53You can get away
00:54However, Congress did not accept his resignation.
00:57Instead, it was through an impeachment motion.
00:58He was found to have engaged in activities such as working alone.
01:01He was formally removed from the presidency.
01:03With the revocation of presidential immunity
01:06The Attorney General's Office immediately ordered the arrest of Peña.
01:09Investigating the Vino Bank case
01:11And investigate his suspected breach of trust.
01:13Charges including embezzlement and abuse of power for personal gain
01:16Peña has been arrested.
01:19House arrest
01:24Paraguay's largest digital bank
01:26Wermore Bank
01:27After being taken over by the central bank on Tuesday
01:29This incident, which left 3 million customers unable to access their deposits, sparked public outrage.
01:33Demonstrations subsequently broke out in the capital, Asunción.
01:36Demands for President Peña Nieto to step down
01:37During this period, a conflict broke out.
01:39Thursday morning
01:41ruling and opposition parties quickly reached a consensus
01:42Thirty-five bipartisan lawmakers, including Lien Ning, introduced an impeachment motion to the House of Representatives.
01:47The financial crisis further escalated into a political crisis.
01:50Seeing that the situation was hopeless
01:52Paraguayan President Peña Nieto did not choose to defend himself in Congress.
01:55Instead, they delivered their speeches through national television and the internet.
01:58Announces resignation from the presidency
02:00However, some were already too late.
02:02Congress continues to proceed with the impeachment process.
02:04The final impeachment motion passed.
02:06The recall process has officially begun.
02:18On the day of the impeachment vote in Congress
02:20A large number of people gathered outside the venue to exert pressure.
02:29They held up placards and shouted slogans in the street.
02:31They even burned photos of President Peña Nieto.
02:34Demand his resignation
02:35Paraguayan people learned
02:37Peña was impeached by Congress.
02:39After being dismissed from office
02:40People took to the streets to celebrate
02:42Unable to conceal his excitement
02:53With Peña's resignation
02:54Vice President Alyana
02:55Sworn in as President of Paraguay on the spot
02:57He will assume the remainder of his term until 2028.
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