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Glas says he knows nothing of the commissions paid by Topic to his uncle

Ecuadornews:     Vice President Jorge Glas spoke on the statements of Tomislav Topic, president and shareholder of Telconet, a former contractor of the Ecuadorian State and Odebrecht, and the $5 million commissions payment he would have made to Ricardo Rivera. “I...
Posted On 25 Jul 2017
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Nonconformity for the $ 300 the state will grant to athlete Glenda Morejón

Ecuadornews:     The announcement that athlete Glenda Morejón, a world champion, will benefit from the Plan of High Performance of the Ministry of Sport, in the category D, has not been well received, as she will be granted a pension of 300 dollars per month, according...
Posted On 25 Jul 2017
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Owners put up houses for sale but there is little demand

Ecuadornews:     When passing the barrier of the first half of the year, the real estate sector remains paralyzed. Consulted representatives say that promises of sale fell between 50% and 60%. The depression, they claim, is due in large part to the Capital Gains Law...
Posted On 25 Jul 2017
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Know the state of the banana plantations with the flight of a ‘bird’

Ecuadornews:     A new technology came to the most important crop of the country. Drones analyze the plantations and give a quick diagnosis. The black Sigatoka fungus is banana’s worst enemy. It can be so aggressive as to wipe out an entire plantation. But it has...
Posted On 25 Jul 2017
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Lasso says that Moreno has five million reasons to demand the resignation of Glas

Ecuadornews:     former presidential hopeful Guillermo Lasso has tweeted Monday night that President Lenin Moreno has “five million new reasons to require the resignation of his vice president.” And he adds that if he does not do it, “history will not...
Posted On 25 Jul 2017
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Tame employees ask for the continuity of processes

Ecuadornews:     The workers complained about the constant changes in the management of the company. The Tame Employee Association demanded stability in management, regarding the departure of the former manager of the public corporation Christian González, who resigned...
Posted On 25 Jul 2017
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President Lenin Moreno asks to revise the Capital Gains Law

Ecuadornews:     President Lenin Moreno announced Monday he has called for a review of the scope and the application of the Capital Gains Law, which aims to avoid speculation on the value of land. “Construction is one of the sectors that generate more jobs....
Posted On 25 Jul 2017
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Topic confesses that he paid $ US5 million in bribes to Glas’s uncle

Ecuadornews:     Businessman Tomislav Topic, the owner of Telconet, confessed to the prosecutor’s office last week that he paid a total of $ 5 million in commissions to Ricardo Rivera Aráuz, the uncle of Vice President Jorge Glas, for serving as a nexus to close...
Posted On 25 Jul 2017
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Odebrecht used 23 ‘offshores’ to hide the beneficiaries of the bribes

Ecuadornews:     To cover up the origin of the bribes, Odebrecht used three to four levels of washing. In Ecuador, the Brazilian construction company used its local suppliers and ‘offshore’ companies established in tax havens to hide the payments and avoid...
Posted On 25 Jul 2017
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The President appoints people he trusts in State Positions

Ecuadornews:     There is still discomfort within the Alianza PAIS party. The bureau of the government party now has new faces that are close to President Lenin Moreno. Minister of Defense Miguel Carvajal, Minister of Foreign Affairs Maria Fernanda Espinosa, and...
Posted On 25 Jul 2017
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