Day

Ecuadornews:     Tomislav Topic is a shareholder of Telconet. This company is currently investigated by the Public Prosecutor’s Office within the Odebrecht case. In a document, prosecutor Diana Salazar asks Justice to authorize the deposit of USD 1, 9 million and...

Ecuadornews:     Police officers raided a house located in the center of Cuenca, in that place worked an importing company that brought medicines from China. Since the police raided those offices and the Agency for Regulation, Control and Sanitary Surveillance (Arcsa)...

Ecuadornews:     The National Customs Service (Senae) announced Monday the seizure of a shipment of merchandise valued at about $ 1.4 million coming from Panama, which attempted to enter the country through the Guayaquil Sea Port, circumventing the controls with a...

Ecuadornews:     President Lenin Moreno held a meeting yesterday with the delegates of the largest oil companies and operators working in the country: Halliburton, Repsol, Petrosud Consortium – Petroriva and Baker Hughes. One of the aims of the government was to...

Ecuadornews:     The amount of the public debt amortization – i.e. the payment of debts acquired in previous years and that must be honored annually by the Treasury – will grow by 60% in 2017 compared to the last year. The amortizations will reach USD 7034...

Ecuadornews:     The criminal judge of the National Court of Justice (CNJ) Luis Enríquez ordered the preliminary inquiry for 90 days and ordered the house arrest against of former Comptroller General Carlos Polit for the alleged crime of concussion. According to Article...

Ecuadornews:     Twelve former opposition lawmakers, including a former PAIS militant (Oswaldo Larriva), met again yesterday. The major goal, they said, is the fight against corruption. After enrolling in the “Collective of former legislators for democracy and...

Ecuadornews:     Private banks already have a plan for the management of electronic money. First, legal reforms must be done the Public Finance Code to ensure the exclusive control of private banks and cooperatives; and delegate the regulation of tariffs to the Monetary...

Ecuadornews:     The presidential decision to veto the Tax Havens Act does not appeal to everyone in the Legislature. Legislators from the opposition believe that such law does not combat corruption, such as the latest acts of corruption investigated by the Office of...

Ecuadornews:     Last Friday, the presidential office delivered the 2017 budget proforma – amounting to $ 36,818.12 million – to the Legislature maintaining a budget deficit of 4.7% of the Gross Domestic Product (GDP). The budget would have been elaborated...