President Lenin Moreno removes Vice President Jorge Glas from office

Ecuadornews:     President Lenin Moreno removed all powers from Vice President Jorge Glas by presidential decree number 100, released today, August 3, 2017. (I)   DECRETO_100_LENIN_MORENO   Source:...
Posted On 03 Aug 2017
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Hearing against Carlos Pólit will be held next Monday

Ecuadornews:     The National Court of Justice has set for Monday, August 7, the hearing on the formulation of charges against former Comptroller General Carlos Pólit, involved in the Odebrecht case. The former official is investigated for the alleged crime of...
Posted On 03 Aug 2017
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CREO: “The only consistent thing is to request the vice president to submit his resignation”

Ecuadornews:     One of the latest leaks in the Odebrecht case in Ecuador: an alleged audio conversation between José Conceição Santos (JC), executive of the construction company, and former Comptroller General Carlos Pólit (CP). What has caused a stir, however, is not...
Posted On 03 Aug 2017
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The Law of Goodwill, axis of the debate in the construction board

Ecuadornews:     Modifying or repealing the Capital Gains Law was the main proposal submitted yesterday, August 2, at the sectoral construction board. This was the third meeting as part of the Action Plan of the Productive and Tax Advisory Council, which started on July...
Posted On 03 Aug 2017
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The Ecuadorian Business Committee calls for transparency in corruption investigations

Ecuadornews:     In a communiqué released this afternoon, the Ecuadorean Business Committee showed its support for the management of President Lenin Moreno and his call for a “promising national dialogue.” The document, entitled “Corruption, an...
Posted On 03 Aug 2017
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Consumption in the middle of the year increases tax collection

Ecuadornews:     The face of the economy in the first half of the year showed a good appearance with a tax collection that, under a greater commercial dynamics, rose by 11%. However, it is an aspect that, according to some experts, will tend to get tarnished during the...
Posted On 03 Aug 2017
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The situation of the Vice President mobilized sympathizers and opponents

Ecuadornews:       About 30 militants gathered yesterday afternoon outside the headquarters of the Alianza PAIS Party, in front of the Shyris Avenue Tribune (in the north of Quito). Their objective? To support the Citizen’s Revolution, which they call the...
Posted On 03 Aug 2017
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Glas, Capaya, and Pástor, mentioned by the National Audit Office in alleged oil damage

Ecuadornews:     The National Audit Office has found evidence of criminal responsibility in the award process of the Singue oil well, located in Sucumbíos, whose exploitation was assigned to the DGC Consortium. The contract was signed on March 21, 2012, by the then...
Posted On 03 Aug 2017
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Glas could leave office for impeachment or revocation

Ecuadornews:       The estrangement between the president Lenin Moreno and vice president Jorge Glas was evident yesterday. Faced with this situation, constitutionalists agree that the unique way for Jorge Glas to leave his post is the voluntary resignation....
Posted On 03 Aug 2017
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The National Audit Office goes after $ 43.932 million

Ecuadornews:     The total value of the public debt begins to dissipate. The National Audit Office has 180 days to find out the real amount of commitments made and, incidentally, answer the doubts of social sectors, experts, and the opposition. The special examination...
Posted On 03 Aug 2017
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