The ex-prosecutor will present a protective action for the Judicial Council to lift its suspension. Carlos Baca agrees to consult the Procurator about the succession. The coordinator of the Transparency Unit, Fabián Salazar, will replace Thania Moreno, as provincial prosecutor of Pichincha, after yesterday the Council of the Judicature (CJ) formalized the temporary suspension for 90 days to the official. However, the functions of general prosecutor of the surrogate State, which Moreno also fulfilled, remain in abeyance until the Attorney General’s Office issues its ruling on the consultation made by the CJ regarding the succession in the authorities of the Office of the Prosecutor.
Ecuador’s President Lenin Moreno announced Monday the elimination of Ecuador’s intelligence agency Senain. According to the president the decision is part of ongoing administrative austerity …
Japan’s largest upstream company Inpex said Tuesday that it had reached an agreement through a subsidiary and its partners with the Ecuadorian government where it will get $318.8 million (Yen 35 billion) in compensation for the termination of contracts related to block 18.
During his TV show on RT (Russia Today), Conversando con Correa (Speaking with Correa), the former President of Ecuador interviewed communist Spanish politician Pablo Iglesias. Iglesias supports Chavismo in Venezuela and ran for president in Spain under the left-wing party, Podemos. Correa opened his show saying: “Since the invention of the printing press, freedom of the press depends on the will of the owner”. This statement is commonly credited to Correa, but he claims to have hear it from the current Cuban dictator, Raul Castro, who inherited the throne from his brother, Fidel. Read more>>
CPJ is an independent non-profit organization that defends press freedom throughout the world. A delegation of the Committee to Protect Journalists (CPJ) is in Ecuador to evaluate press freedom and investigate restrictions and threats to media and professionals nine months after Rafael Correa handed over the government to Lenin Moreno. The high-level mission that will remain in the country until next Friday, formally began today in the city of Guayaquil its meetings with journalists, associations and media to see first hand the situation facing the sector and assess whether the Moreno’s executive complies with his promises of greater respect for journalism. “There is a concern about the situation of press freedom in Ecuador since the Correa administration, we came several times to speak with journalists and exchange views,” Joel Simon, executive director of CPJ, told Efe. Read more>>
The public company of Petroleum, Petroecuador, reported that together with the Financial and Economic Analysis Unit (UAFE) they will implement an anti-money laundering unit. The UAFE is the technical entity responsible for the collection of information, reporting, execution of national policies and strategies for the prevention and eradication of money laundering and the financing of crimes. Read more>>
The accounts continue to grow. The public company Petroamazonas inherited debts from the government of former president Rafael Correa. The lack of resources amounts to 1,558 million dollars. The millionaire ‘financial gap’ has repercussions on the suppliers of the oil company. Accounts payable exceed 2,222 million dollars. Since 2013, the Ministry of Finance has not delivered the full budget to Petroamazonas. That generated an accumulated debt that President Correa and his cabinet ignored. Read more>>
The Presidency of the Republic provided the ‘proof’ that was missing from the Comptroller’s Office to request the connection of former President Rafael Correa in the investigation into the negotiation of the Singue oil block in 2012, which would have reported losses for the State. As in all previous allegations of corruption, the former president assures that he knew nothing. The control entity had suspicions about the level of access that Correa had to the terms of the negotiation. He lacked the documents to prove it. Read more>>
Ecuador will increase the number of oil and gas areas it plans to offer in an auction next month by including mature crude fields and an offshore gas field, oil minister Carlos Perez told Reuters on Tuesday. Many Latin American countries are trying to improve their offerings and contract rules to secure foreign investment amid intense regional competitions this year, with major auctions expected in Mexico, Brazil and Uruguay. Read more>>
Ecuador hopes to attract investment from Qatar and to enhance cooperation by setting up a large petroleum refinery in the Latin American country, Qatar’s local media reported Monday. The remarks were made by visiting Ecuador’s Minister for Foreign Trade and Investments Pablo Campana Saenz Sunday evening during a meeting with local journalists. The minister said that Ecuador aims to build a refinery with a production capacity of approximately 325,000 barrels of crude oil per day (bpd). Read more>>
Petroecuador is offering 2.8 million barrels of Oriente crude for delivery in March, the Ecuadoran state-run oil company’s head said on Monday. Ecuador will deliver the crude in eight shipments of 360,000 barrels, Carlos Tejeda said as he announced Ecuador’s second oil sale via tender so far this year. Read more>>
The agreement with the European Union, as well as Ecuador’s policies towards trade liberalization are the actions highlighted by authorities of the Foreign Trade Ministry in Ecuador. Minister Pablo Campana stressed out that their visits to the United States, China, Japan, South Korea, Norway, Switzerland, the UAE, Spain, Russia, Argentina and the UK with the aim of presenting investment projects accounted for 33 billion dollars. Read more>>