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Ecuador condemns assassination of Russian ambassador in Ankara

The Ecuadorian government today condemned the murder of the Russian ambassador in Ankara by a Turkish policeman who shot him while the diplomat was speaking at the opening of a photo exhibition. The Government of Ecuador, “appalled by the murder of the Russian ambassador to...
Posted On 21 Dec 2016
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The indigenous problem grows

The 11 soldiers held in the Sarayaku village were released. They were taken yesterday to Shell in Pastaza and “are well,” according to a message from Defense Minister Ricardo Patino in his Twitter account. For the release, more than three hours of meetings between...
Posted On 21 Dec 2016
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The Ministry of Environment warns Accion Ecologica the beginning of its dissolution

The afternoon of December 20, the Ministry of Environment approached the facilities of Accion Ecologica and notified that the organization had 24 hours to respond and a ten days term to provide relevant evidence. The other part would be the Chinese mining company EXSA, according...
Posted On 21 Dec 2016
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Corruption in Ecuador / Alleged Embezzlement in the Miduvi

On November 24 agents of the Juvenile Police raided the offices of the Ministry of Urban Development and Housing (Miduvi) in Portoviejo to collect information on an alleged crime of embezzlement of $ 1,117,984, which is investigated by that State agency. A document that could be...
Posted On 21 Dec 2016
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Corruption in Ecuador / The sale of Radio Frequencies

On November 11, the National Secretary of Communication (Secom) broadcast on several radio stations the voice of a man who repeated on four occasions that the bid conducted by the Agency for Regulation and Control of Telecommunications (Arcotel), and the Regulation Council of...
Posted On 21 Dec 2016
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Corruption in Ecuador / Police transfers

On October 31, 15 defendants (two authors and 13 co-authors) were sentenced, including the former commander of the Police Fausto T. and Lieutenant Alexis C., to 13 years and three months in prison, for organized crime in the police transfers case. The alleged sale of 1,317...
Posted On 21 Dec 2016
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Corruption in Ecuador / Capaya Case

On June 6 it was revealed that the first oil sale contract between Petroecuador and PetroChina International Co. Ltd. was part of the Mossack Fonseca archives, thanks to the disclose of the Papers of Panama. PetroChina advanced Ecuador $ 1 billion over a two-year term and a 7.25%...
Posted On 21 Dec 2016
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Corruption in Ecuador / Panama Papers: repercussions in Ecuador

The dissemination of the so-called ‘Panama Papers‘ case, which came to light on April 3, revealed several names of officials and former public officials of the current administration of Ecuador, including Pedro Delgado, former President of the Central Bank; Galo...
Posted On 21 Dec 2016
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Corruption in Ecuador / Samanes Park

  President Rafael Correa ordered the Ministry of Finance to debit $ 41 million from the accounts of the Social Security Institute of the Armed Forces (Issfa). According to Correa, this money was paid in excess for the purchase of 220 hectares of land for the construction of...
Posted On 21 Dec 2016
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Private banks filed a protection action against the resolution on electronic money

The Association of Private Banks of Ecuador (Asobanca) filed a Constitutional Protection Action against the Resolution of the Superintendency of Market Power Control (SCPM) regarding electronic money; this was informed by this guild on Tuesday, December 20, 2016, through a press...
Posted On 21 Dec 2016
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