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March 31, 2022
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Report on the Petrochina case will be sent to the Prosecutor’s Office and the Attorney General’s Office

The document indicates that the country suffered a loss of $5 billion in the oil presale operation that guaranteed a debt of $18 billion with China.

With four votes in favour, four against and one abstention, the Oversight Commission of the National Assembly approved the report of the case called “Petrochinapublic debt and oil marketing».

The legislators who voted in favor (Fernando Villavicencio, Bruno Segovia, Pedro Velasco and Marco Troya) concluded that the Condition had to take on a damage economic of 5000 million dollars for the oil presale that the country made between 2009 and 2016 in exchange for receiving 18,000 million dollars in credits from China.

The report will be sent to the State Attorney General’s Office so that it can be incorporated into the process of preliminary investigation of the case, “and with this evidence, which is irrefutable, the criminal accusation against dozens of officials and former officials who appear linked and led by Rafael CorreaVillavicencio said.

In his opinion, the main responsibility of the former president Rafael Correa it is because he was the one who signed decree 466 with which the hiring of debt to China and that this be canceled with oil.

The report will also be forwarded to the New York Court and to the State Attorney General’s Office to analyze the performance of Diego García, former head of the latter body. According to Villavicencio, García authorized the arbitration in the case Petrochina takes place in London. (SC)

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