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Petroecuador asks Asian clients to show no ties with Gunvor case

Petroecuador asks Asian clients to show no ties with Gunvor case Reuters 3 hrs ago QUITO, April 16 (Reuters) - Ecuador s state oil company Petroecuador has asked three of its Asian clients to demonstrate that they were not involved in a bribery scheme linked to commodities trading house Gunvor Group, according to documents seen by Reuters on Friday. The requests come after a former Gunvor employee early this month pleaded guilty to U.S. charges of bribing Ecuadorean officials to win business with the company. Petroecuador nixed Gunvor from its list of authorized suppliers in response. In the letters dated April 7, Petroecuador asked China s Unipec Asia and Petrochina International, as well as Thailand s PTT International Trading, to produce affidavits confirming that the companies and their employees did not have anything to do with the possible acts of corruption involving Geneva-based Gunvor.

After Election Win for Lasso, Ecuador Has a Chance to Heal

April 16, 2021 last updated 10:16 ET Guillermo Lasso, president-elect of Ecuador, speaks to supporters at his campaign headquarters following the runoff election, in Guayaquil, Ecuador, April 11, 2021 (AP photo by Angel Dejesus). With a New President, Ecuador Has a Chance to Heal Even in the throes of the coronavirus pandemic and a mismanaged economic austerity package, former President Rafael Correa’s bitter legacy of corruption and authoritarianism outweighed the promise of a return to the lavish social spending of the left-wing populist’s time in power. That appears to be the takeaway from the surprise victory of conservative banker Guillermo Lasso, 65, in Ecuador’s hard-fought presidential runoff election on April 11. With the Andean nation’s economic model at stake not to mention its free press and arguably its democracy Lasso overturned a 13-point loss in the February first round to defeat Correa’s protégé, Andres Arauz, 52.4 perc

Lasso triumphs in Ecuador; Peru prepares for a left-right showdown

Lasso triumphs in Ecuador; Peru prepares for a left-right showdown April 16, 2021 Click to read this article in English Illustration Credit: Arcabuz, El Comercio Elections held in two Andean nations this past weekend garnered surprising results for both sides of the political spectrum. In Ecuador, conservative banker Guillermo Lasso prevailed over former President Rafael Correa’s would-be successor Andrés Arauz, in a runoff victory that dealt a temporary, albeit significant, blow to hopes of a regional resurgence of the Pink Tide-descendant left. The election of Lasso represents a clear repudiation of Correa’s legacy and continued influence over the country, and potentially ushers in a new era of Ecuadorean engagement with the global economy. Meanwhile, in Peru, Sunday’s first-round presidential election yielded another surprise, with leftist candidate Pedro Castillo finishing first in the crowded field of eighteen candidates, ahead of the right-wing Keiko Fujimori, daught

Guillermo Lasso: Nada es más precario que no tener empleo

Guillermo Lasso: Nada es más precario que no tener empleo
expreso.ec - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from expreso.ec Daily Mail and Mail on Sunday newspapers.

Noticias Ecuador - Ecuador en vivo - ¿Falló Cedatos en 2017 o el apagón de Pozo nos impuso el triunfo correísta?

Noticias Ecuador - Ecuador en vivo - ¿Falló Cedatos en 2017 o el apagón de Pozo nos impuso el triunfo correísta?
ecuadorenvivo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecuadorenvivo.com Daily Mail and Mail on Sunday newspapers.

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