The defendants’ defense alleges procedural violations, abuse of authority and of the law, for which they will go to the Prosecutor’s Office and the Judiciary. Because of procedural overtones, abuse of authority and of the law, Jorge Luis Ortega, a lawyer for one of those prosecuted for alleged money laundering in the Odebrecht corruption case, announced that he will file a complaint with the Judiciary and, if applicable, a complaint in the Office of the Prosecutor. Read more>>
Ecuador‘s ex-president Rafael Correa is currently facing criminal charges for using public funds to kidnap an opposition politician. New evidence has emerged to indicate that his government planned to pay the lawyers of the ex-intelligence agents who executed the operation to kidnap the pro-government politician turned opponent Fernando Balda. According to the statements of one of the police accused of having hired the kidnappers in Colombia, the reason for the kidnapping was to silence Balda for exposing a pending sexual harassment lawsuit against Correa. Read more>>
Cooperation with the United States in the area of security begins to show the first results in Ecuador, after months of dialogues between the authorities of both countries, which intensified as of March of this year. The rapprochement coincided with the crisis that the country was going through due to the narco-terrorist attacks of the Revolutionary Armed Forces of Colombia (FARC) on the northern border since November of the previous year and that reached its most tense point with the kidnapping and death of three journalists from El Comercio. On March 26, the day of the abduction of the communicators, in Mataje (Esmeraldas), a visit to the highest level of the United States arrived in Quito. It was Joseph P. DiSalvo, military sub-commander, and Liliana Ayalde, foreign policy adviser to the Southern Command. Read more>>
A U.S. based financial adviser has pleaded guilty for his role in a bribery scheme involving Ecuador’s state-owned energy company. The Miami U.S. attorney’s office said in a news release Tuesday that 40-year-old Jose Larrea pleaded guilty to a conspiracy to commit money laundering charge. He faces sentencing Nov. 14. Court records show that Larrea admitted wiring more than $1 million between bank accounts to conceal bribes that were paid to officials at PetroEcuador. The bribes involved an oil services contractor who was trying to keep existing contracts and win new business. Read more>>
ALBA’s executive secretary said he respected Ecuador’s “sovereign decision” but warned that such a move placed regional integration in jeopardy. The Bolivarian Alliance for the Peoples of Our America (ALBA) has issued a statement expressing its regret at Ecuador’s recent decision to withdraw from the regional bloc. Read more>>
Ecuador announced its departure from the Bolivarian Alliance for the Peoples of Our America (ALBA) in response to the humanitarian crisis in Venezuela and the consequent exodus of Venezuelans that, in their opinion, requires “a solution of all nations” in the region. “Ecuador will not continue its participation in the ALBA,” Foreign Minister Jose Valencia announced in an appearance before the media in which he explained that his country wants to “reinforce” the search for a solution to the Venezuelan problem. Read more>>
Ecuador has withdrawn from a regional bloc led by Venezuela in a bid to further distance itself from that country’s socialist government.
The urgency was ignored. The Government postponed the general shutdown of the Esmeraldas Refinery, despite the fact that its repairs are urgent, according to Petroecuador estimates. Since the beginning of the year, the general management of the state oil company announced that on August 16 there would be one for the refinery total to deal with problems, among others, of ventilation of units and steam leaks.
Ecuador postponed planned maintenance on its 110,000 barrel-per-day Esmeraldas refinery due to a delay in the delivery of pipes that will be installed in several units, the oil ministry said on Monday. The outage had originally been scheduled to start in mid-August and last 54 days.
The Government of Ecuador managed to attract an investment of 727.85 million dollars from private companies for the development of four oil extraction fields in the Amazon, state company Petroamazonas reported today.
Ecuador’s Petroamazonas has signed services contracts with four companies for oil and gas blocks that require roughly $727m in investments over the next three years.
Foreign Minister Taro Kono and his Ecuadorian counterpart, Jose Valencia, agreed Monday to deepen economic ties and cooperation in disaster mitigation, with this year marking the 100th anniversary of the establishment of diplomatic relations between the nations.