The president of the Central Bank of Ecuador, Pedro Delgado, showed some difficulties when he was surrendering his testimony under oath in Miami, United States. The public notary of the state of Florida, Suzanne Fernandez informed about the difficulties that Delgado presented when answering some questions.
During the trial, Mike Tein, the Isaias attorney questioned Delgado about several subjects including the loan of $ 800,000 given by COFIEC bank to the Argentinean businessman Gaston Duzac, Delgado denied given instructions for the release of the loan. Tein insisted with the whereabouts of 27 million dollars that were seized from Petromanabi, owned by the Isais. The questions of Tein caused that Delgado said, “I have no knowledge of that fund. And if you’re saying that the money has any connection with Petromanabi accounts, you are welcome to review those accounts, those states. I don’t know anything about that money.” With this declaration Tein only said, “You just made that connection, not me right?”.
Delgado pointed out that having a master degree in business economic, he is an economist. In the end he recognized that he did not earned that post grade. The subject of the alleged inexistence of his economy title was due to denounce in the Prosecutors office. The assemblyman of Guayas, Enrique Herreria requested the prosecutor Galo Chiriboga to investigate the felony against the violation of public trust. Herreria pointed out that the title that Delgado showed could be fake.