This was announced by the Prosecutor’s Office in conjunction with the Central Bank of Ecuador for allegedly discovering a money laundering model that would have been used by Ecuadorian companies to make false and simulated exportations, using the Regional Compensation Unitary System (Sucre).
According to the prosecutor Galo Chiriboga, the alleged illegal operations were performed to obtain dollars from Venezuela to transfer them into tax havens, and noted an “outrageous imbalance between exported goods and the money received through the Sucre platform “.
Explained that in most cases, money remains in Ecuador a maximum of 72 hours and then it gets transferred. Chiriboga also revealed that in some cases, companies have links with people involved in drug trafficking.
One case in which the prosecution has already acted was in the case of the Fondo Global de Construccion Company, which was formed in 2012 and exported prefabricated construction materials from Venezuela for an amount of $ 135,097,898, although its actual export would have been only $ 3,190,100.