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Ecuador’s oil company without manager due to alleged influence peddli

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Ecuador’s oil company without manager due to alleged influence peddli

Quito, Aug 3 (Prensa Latina) The state-run oil company Petroecuador is still awaiting the appointment of a new general manager, after Italo Cedeño, who was accused of alleged influence peddling, dismissed.
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The former executive presented his letter of resignation shortly before his departure, on President Guillermo Lasso’s instructions, was made official.

Cedeño, who was the head of Petroecuador since January 2022, admitted at a press interview that his wife suggested him officials for appointments, which, according to experts, it is a crime of influence peddling.

Government Minister Francisco Jimenez pointed out that the president of the Republic is the only one who appoints officials in the state company.

Cedeno’s dismissal comes at a time when the sector is trying to get back after breakdowns and damages to its operation during the 18-day national strike in June, among other factors, due to high fuel prices.

pgh/iff/oda/scm

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