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Ecuador’s Lasso Says He Cooperated With Pandora Papers Probe

Oct. 4, 2021, 2:53 PM

Ecuador’s President Guillermo Lasso voluntarily and openly cooperated with the International Consortium of Investigative Journalists in their probe dubbed Pandora Papers, he said in a statement issued late Sunday.

  • “As the publication itself recognizes, most of the societies mentioned were legally dissolved in the past, and I have no link with those that may still exist”
  • All of his funds have a legal origin in his lifelong work at Banco Guayaquil making him “one of the biggest contributors” among Ecuador’s taxpayers
  • Lasso’s investment in Banco Guayaquil is structured in the 100% Ecuadorian trust fund Fideicomiso GLM supervised by local authorities ...