Dispute between Sucre Insurance and CELEC for two hydroelectric companies

The Superintendency of Banks and Sucre Insurance Company  decided to pay $ 34 million to the Electric Corporation of Ecuador (CELEC) as a compensation for the damage caused to the power generation unit Pillaro-Pucara, which occurred in 2011. The energy plant is part of the...

CFN Studies the possibility of bond exchange for shares of PNB 2012-2030

The National Finance Corporation (CFN) analysed a possible swap of the 2012 and 2030 bonds for shares of Pacific National Bank (PNB), a subsidiary of Pacific Bank in Miami, as part of the sale of the company. In a confidential document, sent by CFN to the Finance Ministry last...

Vanguardia exposes the involvement of Vera attorneys in the sale PNB

Gutemberg Vera and his son Alembert Vera, defence attorneys of the Ecuadorian President Rafael Correa, have been involved in the sale of the Pacific National Bank (PNB), which should materialize in March this year, and in the eventual sale of Panama’s Pacific Bank. The...

Prosecution Calls Gutemberg Vera

Paul Ponce, the district attorney of Guayas, called Gutemberg Vera to give his version in the current investigation against the deputy judge Juan Paredes on the sentence of EL UNIVERSO. Vera has to attend a hearing on May 10 at 09:30 (GMT). This latest events and calling complies...

Vera will sue to former judge Encalada

Gutemberg Vera, lawyer of the president Rafael Correa will initiate judicial actions against the former judge Mónica Encalada for libel accusations. Days ago she showed a video in which the temporary judge, Juan Paredes, admits to have received the sentence of the case EL...

“Gutemberg Vera Tried to Bribe me” says former Judge Encalada

From Bogota, Colombia, the former Judge Monica Encalada made serious statements regarding El Universocase. During an interview with Teleamazonas, the former judicial council revealed that Gutemberg Vera, Sawyer of the Ecuadorian President Rafael Correa, offered her $3,000....

Judge Encalada: ‘Gutemberg Vera did El Universo Sentence’

Yesterday El Universo Case had an unexpected turn. According to information released by that newspaper, the defense attorney Joffre Campaña read a letter written by judge Monica Encalada to the prosecutor of Guayas, Antonio Gagliardo. In the letter, the judge said, “the...
Gutemberg Vera

Gutemberg Vera said Judge Encalada is Lying

According to the defense of El Universo Newspaper, Judge Monica Encalada, in a letter to the prosecutor of Guayas, Antonio Gagliardo, says Gutenberg Vera was the one who wrote the judgment against this media. This attorney and his son Alembert reacted immediately to the serious...
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