FOREX TradingCharts.com

Financial News: ECUADOR: Vice-President Arrested For Odebrecht Case

ECUADOR: Vice-President Arrested For Odebrecht Case

10/03/2017 - 20:02:00 (RTTNews)

(RTTNews) - Ecuador's vice-president Jorge Glas was arrested Monday night after a judge issued a pretrial detention order against him. Glas is under investigation for illegal association in a case in which the Brazilian construction company Odebrecht allegedly paid US$ 16 million in bribes to local authorities.

The Ecuadorean vice-president wrote on Twitter that he accepts the arrest measure and does not intend to evade the authorities.

"I am acting under protest against this infamous attack against me. I still have faith that justice will prevail. I will prove my innocence," he wrote.

Glas was linked in Odebrecht's bribing scheme as a result of the information provided by José Conceição dos Santos, a former Odebrecht executive in Ecuador who made a plea-bargain deal back in Brazil.

Despite his arrest, Glas remains as vice-president because Ecuador's law provides that this position is vacant only by resignation, after three months of abandonment or by the decision of three-quarters of the members of the Assembly after an impeachment procedure.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia's Consumer Confidence Improves (53 min(s), 03 sec(s) ago)
(RTTNews) - Australia's consumer confidence rebounded during the week ended October 22, a week ...Full Story»

Japan Manufacturing PMI Slows In October - Nikkei (39 min(s), 03 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to expand in October, albeit at a slightly ...Full Story»

ARGENTINA: Merval Climbs 3.06% After Ruling Coalition Election Triumph (34 min(s), 03 sec(s) ago)
(RTTNews) - Merval, the main index of the Buenos Aires Stock Exchange, surged 3.06% Monday, closin ...Full Story»

BRAZIL: Caution With Politics Dictates Stock Market Tone (23 min(s), 03 sec(s) ago)
(RTTNews) - Ibovespa, the benchmark stock index in Brazil, fell 1.27% Monday, closing at 75,413.12 ...Full Story»

VENEZUELA: CNE Did Not Receive Formal Challenge To Electoral Process (05 min(s), 03 sec(s) ago)
(RTTNews) - Venezuela's National Electoral Council (CNE) director Tania D 'Amelio said tha ...Full Story»

COLOMBIA: Colcap Drops 0.32% On Fears Of Possible U.S. Rate Hike (50 min(s), 03 sec(s) ago)
(RTTNews) - Colcap, the main index of the Colombian Stock Exchange, fell 0.32% Monday, closing at ...Full Story»

VENEZUELA: Country And China Strengthen Strategic Alliance In Energy (41 min(s), 03 sec(s) ago)
(RTTNews) - Venezuela and China strengthened their strategic alliance in energy, primarily aiming ...Full Story»

COLOMBIA: Economy Expands 1.80% In August On Annual Basis (34 min(s), 03 sec(s) ago)
(RTTNews) - Colombia's Economic Monitoring Indicator (ISE) reached 160.2 in August, increasing ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia's Consumer Confidence Improves

10/23/2017 - 23:59 PM (RTTNews)
(RTTNews) - Australia's consumer confidence rebounded during the week ended October 22, a week ...Full Story>>

Japan Manufacturing PMI Slows In October - Nikkei

10/23/2017 - 20:45 PM (RTTNews)
(RTTNews) - The manufacturing sector in Japan continued to expand in October, albeit at a slightly ...Full Story>>

ARGENTINA: Merval Climbs 3.06% After Ruling Coalition Election Triumph

10/23/2017 - 20:40 PM (RTTNews)
(RTTNews) - Merval, the main index of the Buenos Aires Stock Exchange, surged 3.06% Monday, closin ...Full Story>>

BRAZIL: Caution With Politics Dictates Stock Market Tone

10/23/2017 - 20:29 PM (RTTNews)
(RTTNews) - Ibovespa, the benchmark stock index in Brazil, fell 1.27% Monday, closing at 75,413.12 ...Full Story>>

VENEZUELA: CNE Did Not Receive Formal Challenge To Electoral Process

10/23/2017 - 20:11 PM (RTTNews)
(RTTNews) - Venezuela's National Electoral Council (CNE) director Tania D 'Amelio said tha ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.