• 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

`Seized properties for drugs must be sold´

Posted On 24 Jan 2016

The Government raises legal reforms regarding the management of forfeited property derived from drug trafficking, this task should be assumed by the Drug Technical Secretariat. Tomorrow this agency will begin its legal existence replacing the National Council for Control of Narcotic and Psychotropic Substances (CONSEP).

As a way to release the administrative burden of the new agency, President Rafael Correa, proposed yesterday, during his weekly address, changes in the law that allows to sell the properties confiscated by the State for illegal drug trafficking, without waiting for the conduct of the trial.

“There is a trial for drug trafficking. We must take charge of the property and the state is not a good administrator and that estate will be in the worst of all worlds,” he explained. Therefore, in such cases he suggested the sale of those assets. “And if we were to lose the judgment (…) the property will not be returned, the money will be returned plus interest.” (I)

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8837178&idcat=38269&tipo=2

About the Author
  • google-share
Previous Story

The real estate registration number provides legal security to your properties

Next Story

Economic crisis and Banco del Sur, on the agenda of the CELAC

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