off

Court orders the National Police to arrest those sentenced in the Bribery case

The execution of the sentence for the 2012-2016 Bribery case was already notified on the afternoon of this Wednesday, September 23. Court orders the National Police to arrest those sentenced in the Bribery case With this, the court of origin ordered that the National Police be...
Posted On 24 Sep 2020
, By
off

Court orders to stop paying life pensions to Correa and Glas, and to imprison those sentenced in the Bribery case

The 2012-2016 Bribes judgment entered its execution phase . On the afternoon of this Wednesday, September 23, 2020, judges Iván Xavier León, Marco Rodríguez and Iván Saquicela ordered the Secretariat to officiate at the National Police to locate and capture 18 of the 20 sentenced...
Posted On 24 Sep 2020
, By
off

In the United States, they accuse an oil subsidiary trader for alleged money laundering scheme

Through a statement, the United States Department of Justice announced that on Tuesday a federal jury from the Eastern District of New York issued an indictment against a member of a United States subsidiary of a multinational oil trading and distribution company for his alleged...
Posted On 23 Sep 2020
, By
off

The Government of Ecuador denounces millionaire fraud in pensions of the Police

The Government of Ecuador denounced this Tuesday an alleged  scam in the Institute of Social Security of the Police  (Isspol), for about  500 million dollars , which could affect the entity’s pension system. The Government of Ecuador denounces millionaire fraud in pensions...
Posted On 23 Sep 2020
, By
off

Withdrawal of fleet of Chinese ships from the outskirts of Galapagos brings relief, but does not remove the danger for the species

A report by the international organization Oceana shows that in just one month (from July 13 to August 13) 294 of the 340 ships, mostly Chinese, that make up the fleet that was on the edge of the Exclusive Economic Zone (EEZ) of continental Ecuador and the insular EEZ accumulated...
Posted On 23 Sep 2020
, By
off

Chancellor confirmed the process of expanding the continental shelf

The Minister of Foreign Affairs, Luis Gallegos , verified the progress of the technical work for the process of expanding the continental shelf , the first partial presentation of which will be held in December 2020, within the United Nations (UN) . Chancellor confirmed the...
Posted On 22 Sep 2020
, By
off

Weakening of the dollar improves the country’s competitiveness in Europe and Asia

The weakening that the US dollar has had is an advantage for Ecuadorian exports , especially for those that reach Europe and Asia. Weakening of the dollar improves the country’s competitiveness in Europe and Asia Domestic products become attractive because they ar...
Posted On 22 Sep 2020
, By
off

Core Petroleum paid Enrique Cadena $ 10.2 million, reported as suspects

The company Fairgate Trading Corp., owned by Ecuadorian Enrique Cadena Marín, received $ 10.2 million from Core Petroleum LLC, an oil intermediary, in eleven transactions that were reported as suspicious to the US Financial Intelligence Unit (FinCEN, for its acronym in English)....
Posted On 22 Sep 2020
, By
off

Legal Secretariat of the Presidency asks for an account of the crude tariff paid to OCP

The controversy over the fee that the State must pay to the company OCP Ecuador for the Ecuadorian crude transportation service reached the General Legal Secretariat of the Presidency of the Republic. In a letter dated September 14, addressed to the Minister of Energy, René...
Posted On 18 Sep 2020
, By
off

CEPS Foundation obtained financing from Ecuador, according to Spanish newspaper

The Center for Political and Social Studies Foundation (CEPS)   obtained resources from countries such as Venezuela and Ecuador , during the stage in which the vice president of the Spanish Government, Pablo Iglesias, was present . CEPS Foundation obtained financing from Ecuador,...
Posted On 16 Sep 2020
, By