Ecuador's Legislature To Investigate President Over Pandora Papers
Umer Jamshaid Published October 11, 2021 | 09:20 AM
Quito, (UrduPoint / Pakistan Point News - 11th Oct, 2021 ) :Ecuador's legislature on Sunday voted to open an investigation into whether President Guillermo Lasso broke the law by keeping assets in tax havens, after the Pandora papers leaks.
Lasso, Ecuador's first right-wing president in 14 years, is among scores of politicians, businessmen and celebrities who appear in the Pandora Papers, an investigation by an international consortium of journalists that exposed secret offshore accounts.
The probe of Lasso's activity will be conducted by the country's Constitutional Commission within 30 days, the legislature said in a statement.
The investigation is meant to determine whether the 65-year-old president "may have breached" the norm that "prohibits candidates and public officials from having their resources or assets in tax havens," the legislature said.
According to the Pandora Papers, Lasso controlled 14 offshore companies, most of them based in Panama, and closed them after the passage of a law in 2017 that prohibited presidential candidates from having companies in tax havens.
Lasso, who took office in May, has said that years ago he had "legitimate investments in other countries" and that he got rid of them to compete in the presidential election.
Recent Stories
President Raisi leaves for Iran from Karachi
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 24 April 2024
Today Gold Rate in Pakistan 24 April 2024
Punjab CM inaugurates Pakistan’s first Virtual Women Police Station
Dutch model Donny Roelvink embraces Islam
Experts raise concerns over introduction of 10-stick packs
Iranian president arrives in Karachi
Law Minister expresses Govt's resolve to address issue of missing persons
Rizwan’s batting order may be changed: Sources
Nawaz Sharif to visit Guangzhou exhibition in China
FM Dar not traveling to China: Foreign Office
PM takes notice of deliberate delay in tax cases
More Stories From Miscellaneous
-
PDMA predicts gusty wind, rain with thunder, hails
15 hours ago -
Iranian president Raisi given guard of honour at PM House
2 days ago -
Intellectuals, writers accolades Naseer Mirza on his literary contribution
3 days ago -
Bahawalpur Adabi Sangat hosts memorable mushaira
3 days ago -
Cattle farming vital to alleviate poverty in rural areas
3 days ago -
Pakistan: A land of tourism, archeological wonders
3 days ago
-
Transforming education sector: from job hunters to job creators
5 days ago -
Amjad Bobby remembered on 19th death anniversary for timeless contributions to music
9 days ago -
Legendary actor Nadeem’s 26 films released on Eid-ul-Fitr days in 50 years
10 days ago -
Besant Hall Cultural Centre to celebrate evening with Sanam Marvi on 26 April
10 days ago -
Radio Bahawalpur presents program “Eidi Shidi”
13 days ago -
Radio Bahawalpur to broadcast Eid programs
15 days ago