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BREAKING NEWS
In Ecuador, 475 organ transplants have been performed so far in 2023
This is how González and Noboa adjust their image to fight for 5.1 million votes
Shrimp farmers denounce that insecurity costs USD 100 million to the sector
United States Coast Guard will collaborate with the Navy in the fight against drug trafficking
Two corners of Ecuador in the world ranking of the best towns for tourism
Ecuadorian companies promote IDEA law in favor of Ecuador in Washington
Ecuador incorporates 25,000 hectares of paramo to its protected areas
Former comptroller Pólit ‘helped’ a corrupt businessman get an appointment with Correa
Ecuador still has one of the weakest passports in Latin America
The European Union increases its banana consumption

Corruption in Ecuador / Capaya Case

Posted On 21 Dec 2016
caso-petroecuador-ecuadortimes
On June 6 it was revealed that the first oil sale contract between Petroecuador and PetroChina International Co. Ltd. was part of the Mossack Fonseca archives, thanks to the disclose of the Papers of Panama. PetroChina advanced Ecuador $ 1 billion over a two-year term and a 7.25% annual interest. According to the National Audit Office´s report DA3-0015-2012, in this contract the state oil company stopped receiving at least $ 34.45 million.

Source: http://www.eluniverso.com/noticias/2016/12/14/nota/5954056/denuncias-corrupcion-ecuador-2016

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LATEST NEWS

In Ecuador, 475 organ transplants have been performed so far in 2023

Posted On 30 Sep 2023

This is how González and Noboa adjust their image to fight for 5.1 million votes

Posted On 30 Sep 2023

Shrimp farmers denounce that insecurity costs USD 100 million to the sector

Posted On 29 Sep 2023
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