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Audit Commission Sets Guidelines to Investigate COFIEC Case

Last Wednesday the Audit Commission defined four fundamental aspects to investigate the case of Gaston Duzac, an Argentinean businessman that received an irregular credit by COFIEC bank. The first process would investigate the loan request until its delivery. The second step will...
Posted On 18 Oct 2012
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Jamil Mahuad Twitter Account was Fake

Vistazo magazine informed that the supposed Twitter account of the former Ecuadorian president Jamil Mahuad, @jamilmahuadwitt, does not belongs to him. Mahuad stated, “I have not made that account,” through his attorney, the journalist @MariaBelenArro1. It is not known who...
Posted On 18 Oct 2012
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Electoral Calendar 2012-2013

October 19 The registration period and qualification of candidates begin. Political groups must register their representative and the head of campaign. November 15 Last day to register candidates. Deadline closes at 18:00 that day. November 20 Selection of members of polling...
Posted On 18 Oct 2012
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Alvaro Noboa: “I will make any sacrifice for a single candidate”

During an interview with Radio Atalaya, businessman and political leader Alvaro Noboa said he is willing to sacrifice anything for a single candidacy. Noboa said he was prepared to run in the primaries, and revealed he has been talking to Guillermo Lasso and Lucio Gutierrez in...
Posted On 18 Oct 2012
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Lasso visited Nebot at the Municipality of Guayaquil

Today the presidential candidate of the Movement Creando Oportunidades (CREO), Guillermo Lasso, met with the mayor of Guayaquil, Jaime Nebot. From the city hall in the Municipality of Guayaquil, sitting next to Nebot, Lasso  said he is going to ask CREO leadership to form an...
Posted On 18 Oct 2012
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Lucio Gutierrez discusses possible alliance with Alvaro Noboa

The leader of the Partido Sociedad Patriotica (PSP) and former president of the Republic, Lucio Gutierrez, spoke, in a radio interview, about the alleged alliance with the leader of the Partido Renovador Institucional Accion Nacional (PRIAN), Alvaro Noboa. In the interview at...
Posted On 18 Oct 2012
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Constitutional Court resolves Democracy Code

QUITO, Ecuador The Constitutional Court (CC) revealed the resolution of the Democracy Code with 6 votes in favor and 3 against. The new resolution states the D’Hondt method as constitutional; therefore it will be applied in the 2013 elections. “It is a proportional method...
Posted On 18 Oct 2012
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Official Call Tomorrow and CNE has no rules for press

The National Electoral Council (CNE) will make tomorrow the official call to the elections of February, 2013, and the agency still has not yet issued regulations to limit coverage of the electoral process carried by the press. In theory, the CNE will watch the media with the aim...
Posted On 17 Oct 2012
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Francisco Endara Carried Out Decision for COFIEC

Francisco Endara Clavijo, brother in law of Pedro Delgado, Director of the Trust AGD-CFN No more impunity (Ugedep) and cousin of the Ecuadorian president Rafael Correa, managed to interfere with the decisions of COFIEC bank, thanks to the Shareholders Board of COFIEC. On March...
Posted On 17 Oct 2012
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Does Jamil Mahuad has a Twitter Account?

Since October 15, the former Ecuadorian President Jamil Mahuad through his Twitter account @jamilmahuadwitt has justified the consequences of the freezing of bank accounts of many citizens during his government. In his account he has said, “I ask you to understand that I had no...
Posted On 17 Oct 2012
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