Mantilla says that closure of Hoy newspaper is done because of a political action

Jaime Mantilla, who was Executive Director of Edimpres, the company that printed the Hoy newspaper, said: “Coincidentally with the start of the citizen’s revolution (economic) losses begin to occur in late July 2007”. Mantilla said in an interview with...

Superintendency of Companies intervenes Hoy for higher losses than 50%

The daily Hoy, directed by Jaime Mantilla, was one of the 730 companies that went into liquidation due to reporting losses exceeding to 50% of its social capital for two consecutive years. In 2013, Hoy losses were $ 4’215.753,35 , compared to $ 4’600.000 of the...

Hoy Director spoke of a capital increase in the daily

According to Jaime Mantilla, Director General of daily Hoy, “(The media) is in a process of capital increase of $ 4.6 million to $ 7 million and $ 9 million, authorized,” explained yesterday in an interview with Radio Centro. The manager responded in this way due to...