Following the closure of the cooperative Coopera in Cuenca, for alleged embezzlement, it was also discovered a number of fictitious exports or overvalued companies that worked as a ‘smoke-screen’.
The apparent purpose was to receive millions of dollars, mainly from Venezuela, through the Regional Clearance Unitary System (Sucre) and then take the money to tax havens and other places.
These sinister operations are being investigated in different levels by the prosecution; which opened several inquiries and delegated instructions for the alleged crime of money laundering.
An important event was the signing Ctttechnology Transfer Ecuador, which moved USD 3 million in and out of the country, activities that were carried out since July 15, 2012, its administrators opened a savings account in Coopera in Cuenca, despite being located in Quito. However scene investigations made by the Superintendency of Companies, located the company on the streets A 43-45 and Edmundo Carvajal, in Quito Tennis sector in the north of the city. The guards claimed never hearing of the existence of such a company.
According to records from the National Customs Service (Senae), on 2012 magnesium chloride was exported to Venezuela, a material which is not produced in Ecuador, and that year was also sent, supposedly, calcium chloride, which is also not produced in the country.
Through Coopera, Ctttechnology received USD 998 190 in 2012 and another $ 2.2 million in the first quarter of 2013. All those transfers were sent from Venezuela by four companies, Potentiza Group, IntraEcua International Trading of Ecuador, Sutulap, Qdeveca, using the Sucre. Surprisingly none of those companies are listed in the Administration Commission (Cadivi), of Venezuela, which is a requisite for foreign trade operations. None of these companies are in the yellow pages of the country.
The Ecuadorian authorities announced that investigations will continue.