Duzac says he didn’t know where his credit guarantees came from

Gaston Duzac is bankrupt

The Argentine businessman Gaston Duzac, who received a $ 800,000 loan from the Cofiec Bank (seized by the Management Unit of Public Law), said he didn’t have a clear idea of the how the seized companies came to be his guarantees so that the AGD-CFN Trust No More Impunity to support the credit. This was stated during in an interview with Vanguardia magazine that was published yesterday.

“Where would I get a guarantee from Rocafuerte Insurance?,” said, referring to the certificates of deposit that were initially used to secure the loan. He added that “when they changed the assurances I was not even in Ecuador. Someone must have done it for me.”

Duzac reported he’s bankrupt and he would not have to answer with the financial institution. Meanwhile an investigation led to Vanguardia confirmed that in the Lavalle Avenue 172, in the city of Arrecifes (Argentina), where he has a house that was listed as part of its assets for credit, but there is only an empty lot.

By order of Cofiec, in the upcoming days or weeks, the judge may ask Duzac to pay or deliver goods within three days, if he fails to pay the amount or if their assets are insufficient to cover the debt, the guarantees that belong to the state shall be executed.

Duzac added, his opinion regarding the participation of several officials during his visit to Ecuador. About Pedro Delgado revealed to have met six or seven times and said in the interview: “I thought it was an honest official, but how can someone be honest about lying about their degree?”

Finally, he told Vanguardia that he signed the papers and made to be within the business and said he never received the money that was transferred to the accounts of Juan Hussey (Senior Scanbuy) and Cristian Galan. Vanguardia visited the offices of Scanbuy, in Corrientes and San Martin Avenue, which are unoccupied.