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Cristian Espinosa was appointed Ambassador of Ecuador to the United States
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EQ2 stock transfers to workers have no legal support

Posted On 27 Dec 2012
EQ2 workers

EQ2 workers

Previously Pedro Delgado had given an affidavit to deliver 12.4% of the pending shares to sell had already been transferred. But after his early exit, the actions of the now former Central Bank president remain on hold.

Cristobal Buendia, the legal representative of the defence of the EQ2 sugar mill workers requested this week a certified copy of the document, in order to implement the delivery operation 12.4% of the shares of the company.

Ten days before the hearing of Delgado in Miami, United States, the former official said to the workers of La Troncal that the 12.4% of the shares were transferred, but did not provide any documents.

Last November 12, the National Finance Corporation (CFN) reported that in their files there is “no decision regarding the adjudication of the 12.4% of the shares of the Sugar Company Group EQ2“.

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