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The Superintendency of Banks and Sucre Insurance Company  decided to pay $ 34 million to the Electric Corporation of Ecuador (CELEC) as a compensation for the damage caused to the power generation unit Pillaro-Pucara, which occurred in 2011. The energy plant is part of the...

In a near future, the credit reference services can be viewed through the website of “Dato Seguro”, as informed by the National Public Data Registry (DINARDAP). After the enactment of the Repealing Law to the Law of Credit Information Bureaus, that is effective since...

The International Relations Committee of the National Assembly issued its report on the complaint of thirteen Bilateral Investment Treaties (TBI). The last to be adopted was that Ecuador has with the United States, which was signed in 1993. According to the Government, this...

The General Comptroller found criminal responsibility in the transfers of $ 13.3 million to 31 accounts of individuals, from the current account that the Riobamba City Hall has with the Central Bank of Ecuador. Through a special survey carried out between last April 1 and 16, the...

President Rafael Correa was in favor of punishing the so-called ‘media lynching’ when “systematically the objective is to impose a truth and destroy a person,” he said yesterday during a discussion with the media in Guayaquil. Last week, Assembly member of the...

The City Hall of Riobamba is already making changes, after a meeting of the Council it was resolved to remove from office the head Financial Director, Fanny Lazo, and begin a process of removal of the mayor of Riobamba, Juan Salazar Lopez, for the alleged diverting of $ 13.3...

As indicated by Pedro Solines, Superintendent of Banks, until yesterday was payed 90% of the deposits to the clients of  the Territorial Bank, in compulsory liquidation, arround $ 50 million. As part of the report of the Economic Commission of the Assembly, Solines indicated that...

Jeanette Sanchez, Coordinating Minister for Economic Policy, called on member countries of the Bolivarian Alliance for the Peoples of Our America (ALBA) to better coordinate the use of the Regional Clearance Unitary System (Sucre). The request was made yesterday during the VIII...

After five hours of intense debate in the city of Riobamba, last Monday night, the cantonal council in session ordered to analyse the case of diversion of council funds, more than $ 13 million for an alleged attack of hackers. At 22h40 it was decided to begin a process of removal...

Yesterday, outside Casa Tosi, in downtown Guayaquil, employees and former employees of the department store, gathered with signs in hand, to demand the payment of their profits, which they ensured, they have not been paid since 2008. One of the complainants, Vanessa Choca, who...