page_title: Panama Papers (South America)
section_title: Ecuador
hierarchical_section_title: Panama Papers (South America) / Ecuador
caption_attribution_description: Paris (Francia), 05 de noviembre 2013. Esta noche arribó al Aeropuerto Le Bourget el Presidente del Ecuador, Rafael Correa. Fue recibido por el Canciller Ricardo Patiño.
context_page_description: The Panama Papers are 11.5 million leaked documents that detail financial and attorney–client information for more than 214,488 offshore entities. The documents, some dating back to the 1970s, were created by, and taken from, Panamanian law firm and corporate service provider Mossack Fonseca, and were leaked in 2015 by an anonymous source.
  This page details related allegations, reactions, and investigations, in South America.
context_section_description: Ecuadorian journalists have published the names of three current government officials, and the Panama Papers also reveal that in 2012 the Panamanian government believed that a Mossack Fonseca company the anti-corruption prosecutor was investigating for embezzlement, Orlion S.A., had been sold to president Rafael Correa Delgado and his brother Fabricio Correa in 2006. Mossack Fonseca had been asked for shareholder information but did not have it, and so contacted Legalsa & Asociados, a law firm in Guayaquil, Ecuador which had set up the offshore for a client. Shortly afterwards the firm dropped the offshore due to lack of information.
  Correa's cousin, Pedro Delgado Campana, convicted in absentia in Ecuador for embezzlement, bought a home in North Miami Beach through a Mossack Fonseca company with his wife, who was Consul of Ecuador in Miami at the time.
  Arturo Torres, investigative editor of El Comercio, told the Knight Center his newspaper published two stories connected to the Panama Papers:
  Grupo Ortega Trujillo offshore companies in Panama
  a Chinese company, with government contracts and ties to companies that operate in tax havens
  He and the rest of the six journalists from Ecuador report they have received summonses and subpoenas from little-known anticorruption agency Council of Citizen Participation and Social Control (CPCCS), demanding all documents. A scheduled hearing was postponed due to the earthquake April 16. The National Assembly's Commission of Justice has also opened an investigation.
  Mónica Almeida of El Universo said that the government has taken coverage of the Panama Papers as an attack on itself. Stories in the Ecuadorian media have mentioned attorney general Galo Chiriboga; Pedro Delgado Campaña, the former president of the Central Bank of Ecuador and Correa' cousin; and Javier Molina, a former adviser of the Ministry of Intelligence and one of the founders of Mossack Fonseca in Quito.
caption: President Rafael Correa
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