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Latin America

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Judi Lynn

(164,164 posts)
Tue Mar 21, 2017, 11:56 PM Mar 2017

Ecuador: Tax Haven Expos Hits Lassos Hopes [View all]


MAR 17TH Friday 2017


ECUADOREAN banker and right-wing presidential candidate Guillermo Lasso could see his campaign derailed after an Argentinian investigative newspaper revealed his offshore wealth.

Pagina 12 showed on Wednesday that Mr Lasso is connected to 49 companies based in overseas tax havens, presenting problems for him in the April 2 election second round.

Left-wing Pais Alliance candidate Lenin Moreno came top in the first round on February 19 with 39 per cent, but his opponent, who scored 29 per cent, hopes to win by picking up eliminated candidates’ second preferences.

The companies, based in Panama, the Cayman Islands and US, have diverse names that hide Mr Lasso’s role.

More:
http://www.morningstaronline.co.uk/a-1cfc-Ecuador-Tax-haven-expos-hits-Lassos-hopes
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