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Gaston Duzac told Bunay how to make the COFIEC deposits

The Argentinean businessman Gaston Duzac, through an email gave instructions to the former president of COFIEC, Antonio Bunay, of how he wanted the Money transfers. The mail sent to Bunay was given by the assemblymen Andres Paez, “Dear Antonio, I explain how I make myself credit...
Posted On 12 Oct 2012
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Fernando Balda goes to Prison After Being Deported from Colombia

Fernando Balda, former assemblymen of Sociedad Patriotica was expelled from Colombia yesterday. The Department of Immigration of that country informed of the decision through a document that stated that last August 25 they received an Ecuadorian deportation request. Balda has a...
Posted On 11 Oct 2012
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Ecuadorean Government plans to donate 4,606 prostheses

Ecuadorian Vice President Lenin Moreno, announced the plan “Prosthetics and Orthotics” for the creation of 300 prostheses monthly over a period of 18 months as part of social assistance for disabled citizens. Moreno was present at the opening of a workshop for the...
Posted On 11 Oct 2012
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Bunay Pressed the Middle People of COFIEC

Marcelo Ordonez, former Finance manager of COFIEC bank, was the one who approved the transfer of the $ 800,000 credit to the foreign accounts of the Argentinean Gaston Duzac, under the order of Antonio Bunay, former president of the company. Meanwhile Patricia Sandoval, former...
Posted On 11 Oct 2012
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Controversy over Febres-Cordero Monument in Guayaquil

The Municipality of Guayaquil sticks to the right of resistance against the sentence from the Superior Court of Guayaquil, which prevents the placement of the bust in honor of the late former president, Leon Febres-Cordero, in El Fortin, near the Malecon Simon Bolivar. The...
Posted On 11 Oct 2012
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Demonstrations Against the IRS on Favor of Alvaro Noboa

This Thursday morning over 300 workers of the agricultural companies of Noboa Corporation demonstrated their contempt in the IRS offices so they cease with the political persecution against Alvaro Noboa and let them work in peace. The manager of the farm La Clementina, Bernardo...
Posted On 11 Oct 2012
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CNE will allow exit polls

The National Electoral Council (CNE for its Spanish acronym) amended the Article 20 of the Election Observation Regulation, which forbids observers to proclaim electoral forecasts, using exit polls. The President of the CNE, Domingo Paredes, reports that the tool can be used for...
Posted On 11 Oct 2012
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Bunay was Responsible for the Approval of Duzac’s Credit

The former executive president of COFIEC bank, Antonio Bunay, was a key player for the approval of the credit given by the financial entity to the Argentinean Gaston Duzac, despite the warnings of the Credit Committee that the operation did not had the respective guarantees. This...
Posted On 10 Oct 2012
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Correa and Nebot Honor Guayaquil Separately

For the last six years, the Ecuadorian President Rafael Correa and the Mayor of Guayaquil, Jaime Nebot, have commemorated the independence of the city at the same place, Malecon 2000, and at the same time, but in different parts of it. One in the north side and the other in the...
Posted On 10 Oct 2012
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Correa speaks of bonus increase

During a discussion with the Association of Broadcasters of Ecuador, President Rafael Correa confirmed that his government is developing a tax package with the purpose of increasing the human development bonus from $ 35 to $ 50. The proposed increase of bonus was raised by the...
Posted On 10 Oct 2012
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