A commission of inquiry believes it has been proven that the President of Ecuador operates in tax havens

The Constitutional Guarantees Commission of the Ecuadorian National Assembly has approved a report that concludes that the President of the Republic, Guillermo Lasso, has links to tax haven operations, according to what is known as the Pandora Papers, a leak of documents that as evidence of tax evasion by personalities around the world, including Lasso.

With six in favor, two against and one abstention, the commission approved the report, which indicates that Lasso has violated the norms that prohibit candidates and public officials from investing in places considered tax havens, reports the Ecuadorian press. In the specific case of Lasso, this fact triggered “a serious political crisis”.

Therefore, among the recommendations, the report notes that Lasso must be summoned before the General Assembly to address these concerns and provide information about his alleged violations.

A commission of inquiry believes it has been proven that the President of Ecuador operates in tax havens
A commission of inquiry believes it has been proven that the President of Ecuador operates in tax havens

The report also suggests sending the investigation file to the prosecution, the audit office, banking regulator and the Internal Revenue Service (SRI) so that each body can act according to its authority. The Congregation is also cautioned to break the secrecy of the information classified as reserved in connection with the case.

For his part, MEP Virgilio Saquicela, like Lasso, will forward the request to submit the case to the Assembly. It is up to the President of the Assembly, Guadalupe Llori, to fix a date for the reports on the agenda and to take a resolution on them.

Lasso himself defended his refusal to appear in person before the National Assembly in an interview with Europa Press on Friday and warned against being suitable for “a political circus” without first knowing exactly what he was being accused of.

Lasso has always denied any irregularity and pointed out that the companies with which he appears to be associated in the so-called Pandora Papers “do not exist”. He is ready to give his version where he is the third, but always “within the framework of the seriousness”.

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