The candidate Guillermo Lasso is denounced for alleged bank embezzlement in the financing of his campaign

The candidate for the Presidency for Alliance 1-5, Andrés Arauz, filed a complaint against the candidate for CREO, Guillermo Lasso, for alleged bank embezzlement, related to the financing of his electoral campaign.

Arauz asks that a preliminary investigation be opened in order to determine the possible commission of the crime by Guillermo Lasso Mendoza. The complaint details that the candidate would use the company LIVERCOSTAS S.A. to allegedly divert campaign funds from him.

The sales of LIVERCOSTAS SA, according to information from the Internal Revenue Service (SRI), are concentrated in two partners: Banco de Guayaquil and Guillermo Alberto Lasso Mendoza, reaching in 2015 to represent 76% and in 2016 78% of total sales .

Iván Fernando Correa Calderón is the legal representative of the company and registered a dependency relationship with the Bank of Guayaquil between 2000 and 2013, having as his maximum income the year 2012 for a value of USD 120.000, one year before the incorporation of LIVERCOSTAS SA

The company made expenses on behalf of Banco de Guayaquil and Guillermo Lasso. For example, in 2017, he contracted to conduct a Tracking Poll for the now presidential candidate.

In the complaint, they point out that the bank has about 6.000 minority shareholders, so the bank’s profits do not belong solely to the family of the CREO candidate. “The damage would be configured when the money, from the depositors and / or shareholders, flows in favor of LIVERCOSTAS S.A by means of” guidelines “or” contributions “”, says the document.

In turn, the company would have paid, with the money consigned, political communication products or electoral campaign for Guillermo Lasso.

In the document they mention that on January 4, 2021, in the VERAZ digital program, Guillermo Lasso accepted the existence of a company in the name of Correa Calderón, since 2013, in charge of managing communication and political advertising of his electoral campaigns and who is now his campaign manager.

For these reasons, Andrés Arauz asks the Prosecutor’s Office to open a preliminary investigation in order to determine the possible commission of the crime established in article 278 of the Comprehensive Organic Criminal Code.

“Mr. Guillermo Lasso Mendoza, taking advantage of his position as a shareholder of Banco de Guayaquil, would have diverted private funds from said financial entity to allocate them to the financing of his electoral campaigns and the payment to the polling company CEDATOS, through the company LIVERCOSTAS SA. owned by the business circle close to Guillermo Lasso, “says the complaint.