Last Thursday, the twentieth judge of Criminal Justice of Guayas, Ricardo Ramos, accepted the arrest warrant for Francesco Pietro Zunino Anda, major shareholder of the closed Territorial Bank, during the hearing for the crime of embezzlement, requested by prosecutor Juan Martinez Loor.
The prosecutor said that the arguments for the linking of Zunino were the reports of the Superintendence of Banks on “irregular management and simulation of certain transactions of the Territorial Bank” and said that “to ensure Zunino’s participation in the criminal process” they called for preventive measures and requested the judge to ask the Interpol organization to issue the “red notice” to locate and capture Zunino.
Meanwhile, Gabriel Bustamante, Zunino’s attorney, said “the process has no reason to be” because the complainant (Superintendence of Banks and Insurances) “at no time had said that bank embezzlement existed, but a series of administrative inconsistencies, inadequacies, deficiencies (…) that are punishable by fines or imprisonment of one or two years. ”
Bustamante said he will ask Interpol to not issue the “red notice” for Zunino because it is not based on a final measure, but on a temporary arrangement.