Strong 6.8M earthquake shakes Esmeraldas, reports the Geophysics Institute

  A strong tremor awoke early this morning (2:57 AM) citizens from various provinces of Ecuador. According to the immediate report the Geophysical Institute a 6.8 the National Polytechnic School, the movement had a 6.8 magnitude _ and a deep of 14.68 km, its epicenter was...
Posted On 18 May 2016
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The IRS requests details of customers

      Private banks must comply with a new task: to submit a report of all transactions made by users of credit cards, debit cards and even electronic money. This request must be included in an annex called TDC. The Internal Revenue Service (IRS) is the operator of...
Posted On 18 May 2016
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Private banking sector insists that the BCE does not manage the electronic money

  The Association of Private Banks insists that the Central Bank of Ecuador does not continue administering the platform for electronic money transactions.   The president of this institution, Julio Jose Prado, said that the Central Bank is not the appropriate entity to...
Posted On 18 May 2016
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The Assembly requests to identify six people under investigation

  Assembly members are concerned about the special tests with evidence of criminal liability of six representatives sent by the Comptroller General´s office to the Prosecutor´s office that are under preliminary investigation. Some Assembly members say they know who are those...
Posted On 18 May 2016
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6.8 magnitude earthquake was felt in Ecuador this morning

  A new aftershock occurs almost nine hours after the one recorded in early hours at 02:57, which had a 6.8 magnitude, and a 14.68 km deep. This morning´s eartquake  occurred at 11:46 at a depth of 6.20 km in the province of Esmeraldas, the Geophysics Institute reported. The...
Posted On 18 May 2016
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Rodrigo Paz asks for FEF ‘intervention’ for TV rights

  The payment of television rights to the clubs for the broadcasting of the Ecuadorian soccer championship still awaits. Rodrigo Paz, honorary president of Liga de Quito, revealed that his club sent a communication to Ecuafutbol to ask for direct intervention by the breach...
Posted On 18 May 2016
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Three companies of Bravo were awarded 140 contracts

  The defense ensures that Alex Bravo “had nothing to do” in the alleged charges against him. During the 90 days the tax instruction will last, Victor Andrade, lawyer for the former manager of Petroecuador, will attempt to rebut the charges. It will be a...
Posted On 18 May 2016
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CNT and Mossack Fonseca: The Good Living of tax havens

  The focusecuador.net webiste details the relationship of National the Telecommunications Corporation with the Panamanian firm Mossack Fonseca. CNT was awarded a company registered in Cyprus, several contracts totaling nearly 50 million dollars, but there is more: front...
Posted On 18 May 2016
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Armed Forces of Ecuador request Rafael Correa a rectification

  The Armed Forces made a new complaint to the Government; this time it came from the Navy, which rejected the statements made by President Rafael Correa in his last weekly address. Protected by Section 23 of the Communications Law, Navy Commander _ Angel Sarzosa, sent last...
Posted On 18 May 2016
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Correa says to Navy Vice Admiral he does not discusses with subordinates

  President Rafael Correa has responded to Vice Admiral Angel Sarzosa, who the day before asked him to rectify the expressions pronounced in his last weekly address: “I do not argue with subordinates.” When asked by journalist Mauricio Cevallos about a letter sent by Angel...
Posted On 18 May 2016
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