• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

La Clementina pays the debt and avoids the embargo of the cardboard company

Posted On 09 Dec 2016
img_1736
To prevent contagion from one company to another, the Agrícola Bananera Clementina company yesterday paid the $ 3.9 million required by the Labor Inspectorate of Babahoyo, and thus the embargo process against the Ecuadorian Carton Industry was prevented, which, as reported yesterday, was facing an imminent judicial process. The general manager of the company, Leonardo Noboa, confirmed yesterday at a press conference that the payment had been made at four p.m. to interrupt the coercion process.

The Ministry of Labor had ordered the seizure of a property of the cardboard company to force the Noboa Group to cover pending values, for eviction and retirement, after 1,853 workers left La Clementina when it was seized in 2013 to cover the debts the Noboa group had with the Treasury and then exceeded 100 million dollars.
So far, Clementina had argued that the $ 3.9 million the Labor Ministry ordered to pay to its former employees was an “illegitimate” debt. Now, while considering that there is no legal basis for such an obligation, the banana company paid $ 3.9 million to avoid further harm to the companies of the Noboa group, owned by the presidential hopeful Alvaro Noboa.

 

In fact, the general manager of the company said that the group is going to file the corresponding legal actions, so that the State repairs the damage it has done to the companies of the Noboa conglomerate. “For a debt of 3.9 million more than 50 companies of the group have been affected throughout this time,” said Leonardo Noboa. Now, they only hope that the company’s auction and the precautionary measures are already lifted.

Source: http://expreso.ec/economia/la-clementina-paga-la-deuda-y-evita-el-embargo-de-cartonera-YY919067

About the Author
  • google-share
Previous Story

The Noboa Group seeks to halt the auction of the Ecuadorian Cardboard Industry

Next Story

Change in the Armed Forces high command unleashes criticism of retired militaries

SEARCH

LATEST NEWS

ecuadortimes-cristian-espinosa-was-appointed-ambassador-of-ecuador-to-the-united-states_cristian-espinosa-fue-nombrado-embajador-de-ecuador-en-estados-unidos

Cristian Espinosa was appointed Ambassador of Ecuador to the United States

Posted On 28 Jun 2024
ecuadortimes-daniel-noboa-receives-the-credentials-of-the-new-united-states-ambassador_daniel-noboa-recibe-las-cartas-credenciales-del-nuevo-embajador-de-estados-unidos

Daniel Noboa receives the credentials of the new United States ambassador

Posted On 27 Jun 2024
40-000-mujeres-recibiran-becas-en-educacion-superior

40,000 women will receive scholarships in higher education

Posted On 26 Jun 2024
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net