Pedro Delgado Tried to Sell EQ2 to Iranian Investors

Pedro Delgado

The president of the Central Bank of Ecuador, Pedro Delgado Campana, revealed that he tried to sell the sugar company EQ2 to investors from Iran. He pointed out that the 12,4% of the shares was sold to its workers.

Both declarations were made on last September 17 during the interrogation under oath in Miami, United States, where he gave such statements in the judicial process that the Ecuadorian government is undertaking against Roberto and William Isaias, former owners of Filanbanco.

Lewis Tein, the Isaias attorney, showed Delgado a presentation and asked him if the had been used to promote the sugar company to the Iranian government. Delgado admitted that such document was used for that purpose, but it was also to promote it to other countries like Italy and United States.

Finally when Delgado was asked if he knew about the Iranian government black list of the Office of Foreign Assets Control (OFAC), he assured he had no intention of negotiating with the government but with investors of that country.