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Pedro Delgado Accused for Embezzlement

The current president of the Central Bank of Ecuador and representative of the Management Unit for Public Rights (Ugedep), Pedro Delgado, had to declare in Miami, Florida regarding the case of the $ 800 thousand loan to the Argentinean businessman Gaston Duzac and his relation...
Posted On 28 Nov 2012
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“Lagartija” is free thanks to Habeas Corpus

Yesterday afternoon was released the Emelec fan, Byron Velasquez Briones, better known as “Lagartija”, after being confined in the Litoral penitentiary in Guayaquil for 23 days. “Lagartija” left the detention center accompanied by his lawyer, Hernan Ulloa, family and...
Posted On 28 Nov 2012
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Maria Fernanda Espinosa, new defense minister

Today during a ceremony held in the Yellow Room of the Presidential Palace at 12:00, the current Minister of Ecuadorian Heritage and former Regional Director of the International Union for Conservation of Nature (IUCN), Maria Fernanda Espinosa, will assume the Ministry of...
Posted On 28 Nov 2012
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BDH Law will have an objection

The executive power will partially veto the Law for the Redistribution of the Social Spending over a disagreement on one of its points. The objection seeks to limit the delivery of the Human Development Bond (BDH for its Spanish acronym) to those over 65 living in the border...
Posted On 28 Nov 2012
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Rejection of parties towards nation-wide broadcasts

After the National Secretariat of the Presidency Communication (SECOM for its Spanish acronym) repeatedly send a documentary without the authorization of the National Electoral Council (CNE for its Spanish acronym), several leaders of different political groups in the country...
Posted On 27 Nov 2012
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Losses of Trust AGD-CFN Keep Increasing

An investigation carried out by newspaper El Comercio reveals that $ 6.5 million is the number of the accumulated losses by the Trust AGD-CFN, agency in charge of businesses; shares and assets seized from banks Filanbanco and Loans. According to the analyst Marco Lopez, this...
Posted On 27 Nov 2012
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Ballot will have 8 binomials

After the plenary of the National Electoral Council (CNE for its Spanish acronym) approved the binomial of the Partido Roldosista Ecuatoriano (PRE), formed by evangelical pastor Nelson Zavala and former Assemblywoman Dennys Cevallos, the ballot for the elections of February 17,...
Posted On 27 Nov 2012
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Pedro Delgado Questioned for the Location of $ 272 Millions of Ugedep Sales

The two bank accounts of the AGD-CFN Trust No more Impunity, that administrate the resources of the seized accounts sales, registered 6,1 million dollars in deposits. This was pointed out by Pedro Delgado, president of the Management Unit of Public Right (Ugedep) of the Trust,...
Posted On 26 Nov 2012
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Rafael Correa: “Veto could delay bill validity”

The president of Ecuador, on its last Saturday link, partially confirmed that he will veto the Draft Law for the Redistribution of Social Spending, approved by the National Assembly. He said the veto is being given due to the inclusion of unnecessary or already contained issues...
Posted On 26 Nov 2012
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SECOM is hacked

Today a mysterious group of hackers attacked the website of the National Secretariat of Communication (SECOM for its Spanish acronym). The institution, responsible for advising and assisting the President in public communication issues, recently revealed questionable content in...
Posted On 26 Nov 2012
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