Legal process of Cofiec Case will be reinstalled on Monday

After three days and over 20 hours of work, last Thursday Judge Paul Iniguez, of the Criminal Division of the National Court of Justice (CNJ for its Spanish acronym), postponed the preliminary hearing in the case of judgment that follows the alleged offense of embezzlement over a credit of $ 800,000 given to Argentine Gaston Duzac, by the Cofiec bank, which was in state hands.

The hearing will be reinstalled on Monday to listen to 10 of the 16 lawyers involved in this case. Until 15:00 of last Thursday 6 lawyers intervened. The attorneys agreed to defend the innocence of their clients and, therefore, asked the judge to release them from guilt.

Among these were Lolita Montalvo, public defender who appeared on behalf of the former president of the Banco Central del Ecuador (BCE) and representative of the Unidad de Gestion de Derecho Publico (Ugedep), Pedro Delgado. She also represented the Argentine Duzac.

According to Montalvo, there is no evidence of the guilt of her clients. Delgado, she said, did not authorize the delivery of credit and neither benefited or abused these resources, while Duzac, she said, was not involved in the offense and neither benefited from the loan, whose funds were deposited into accounts that were not his.

Paul Iniguez postponed the hearing until next Monday.