Posted On 14 May 2016
The Ecuadorian Civilian Space Agency (EXA), recently splashed by the Panama Papers for owning offshore companies in tax havens, has a proud speech.
The EXA assured it does not receive government funding for its missions and programs.
The confusion is usually linked to the existence of the Ecuadorian Space Institute (EEI), which receives a budget of nearly seven million dollars to “achieve a true state of Good Living,” according to the institutional description of executive director Ivan Jarrin. The IEE has a total of 60 employees and has “successfully” developed two projects in the last year, according to the description of its accountability.