Ecuador News

In record time, the Government of Daniel Noboa reached a technical agreement with the IMF. The credit program will have a duration of 48 months. The International Monetary Fund (IMF) and the Government of Daniel Noboa reached an agreement at a technical level for a new credit program this April 25, 2024 for USD 4,000 million. This is an Expanded IMF...

The former comptroller of Ecuador, Carlos Pólit, faces a maximum sentence of 20 years for each of the four charges related to money laundering. For the United States Department of Justice, the verdict against former comptroller Carlos Pólit, accused of participating in a bribery and laundering scheme for more than USD 10 million, constitutes a sign that...

A jury of 12 members found Carlos Pólit guilty of the six charges against him, for money laundering conspiracy related to the collection of bribes. From Miami, Florida. Former comptroller Carlos Pólit surrendered before three agents of the Marshals Service in the Court of the Southern District of Florida, after a jury in Miami decided, on April 23,...