• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
The cheapest vehicle in the world could not circulate in Ecuador
Businessman Daniel Noboa announces his candidacy for the Presidency of Ecuador
Lasso: Never again will a president be left in the hands of a conspiratorial Assembly
Colors of the flag of Ecuador shine in Spain and Australia
Guayaquil will have 1,900 more police officers to reinforce security
Bivalent vaccines against covid-19 will arrive in Ecuador in June
Did you know that deaths from hypertension in Ecuador rose 51% in four years?
Puerto Bolívar obtains a credit of USD 150 million from the United States
The United States and China could throw a lifeline to Ecuador
Lasso reveals to the Washington Post that he does not plan to be a candidate

Interests of the Oxy payment could rise to 300 million, according to state Attorney General

Posted On 06 Nov 2015

 

Image: El Comercio

Image: El Comercio

In an interview with El Comercio newspaper, the State Attorney General, Diego Garcia, speaks on the arbitration process of the Oxy case. He indicates that the arbitration process has cost about 0.8% of the proposed amount by Oxy, which was $ 3.370 million.

 

On the ruling that was announced on Monday, he said that the compensation in accordance with the decision of the Annulment Committee, is in relation to the 60% Occidental can claim.

 

“I do not have the exact calculation. But until last week we talked about USD 1 769 million, and we said that we would pay approximately USD 2 300 million with interest.” said Garcia on the final amount of compensation plus interest.

 
Source: http://www.elcomercio.com/actualidad/diegogarcia-pago-oxy-intereses-ecuador.html

About the Author
  • google-share
Previous Story

President Palacio ‘endorsed’ the end of Oxy, says former minister

Next Story

Alvaro Noboa starts affiliation campaign for the Adelante Ecuatoriano Adelante party 

SEARCH

LATEST NEWS

The cheapest vehicle in the world could not circulate in Ecuador

Posted On 25 May 2023

Businessman Daniel Noboa announces his candidacy for the Presidency of Ecuador

Posted On 25 May 2023

Lasso: Never again will a president be left in the hands of a conspiratorial Assembly

Posted On 24 May 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net