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Weekly Report - 17 November 2016 (WR-16-45)

ECUADOR: Petroecuador submerged in scandal

President Rafael Correa has admitted that a scandal centred on kickbacks for contracts at the state oil company Petroecuador “is probably the most serious” in the 10 years of his left-wing government. Local media are dubbing it Ecuador’s ‘Lava Jato’ in reference to the massive kickbacks scandal at Brazil’s state oil company Petrobras. The timing could scarcely be worse for the ruling left-wing Alianza País (AP) ahead of general elections in February next year.

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