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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Cofiec Members dismissed

Posted On 11 Oct 2012
Cofiec Members dismissed

Cofiec Members dismissed

The Superintendency of Banks decided to remove the five members of the Cofiec Bank Board and imposed financial penalties to five other former officials.

This decision was given after an inspection to the granting of a $ 800,000 credit to Gaston Duzac, which is currently unpaid.

The members of the Board had been in operation since March 15 of this year, and they are: Germanico Maya, Omar Unda, Roberto Sandoval, Diana Macancela and Ivan Guerrero.

The former chief executive, Antonio Buñay was fined $ 7,886.82, a former internal auditor was imposed a penalty of $ 5,257.88 and three other former officials with the rank of managers must pay $ 3,943.41 each. (MZ)

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