Abelardo Panchano Dismisses Rumors of the Freezing of Bank Accounts of 99

The banker, Abelardo Panchano, criticized the announcement of the Ecuadorian President Rafael Correa for using the profits of the private banks to finance the increase of the Human Development Bonus. Panchano added that the current banking “does not owes and did not asked for a single cent to the National State in 99.”

The Banker pointed out that the accounting of Carlos Marx Carrasco, director of Internal Revenue Service (IRS) “is late or partial,” adding that the banks have paid 310 million dollars in taxes and contributions last year.

“A banking that does not capitalizes is a banking that will not be able to make loans,” said Panchano when he explained that the sector to which he belongs does not have utilities, and added that the if it must give money for the bonus it will come from the account holders. Finally, he revealed that the bill Project pretends to includes a resolution that eliminate the bank-seal to the IRS, which is very serious. AV