Yesterday, the government "Agency of Deposit Guarantee" (AGD) raided and blocked the offices of two television stations owned by Robert and William Isiais, two brothers involved in a supposed baking rip-off in the country that dates back ot the currency crisis of 1998/1999. The brothers are currently on the run in....yep...you guessed it...the USA (Miami, to be exact). Needless to say, with a background of the Ecuador hoi-polloi and a extradition warrant slapped on their tushes by the current gov't, these Isiais dudes are not broadcasting much Correa-friendly publicity from their TC- Televisión and Gamavisión signals. Yesterday's TV station closures were part of a clampdown on the 'Grupo Isiais' holdings that stretch to a mere 195 separate companies. But no matter about the badasss brothers and their three zillion shady holding companies, cos the phrase
"liberty of expression" is the one most heard around town today. Words such as
"dictator" aren't far behind, either.
So Correa decides that this is the moment to send in the gov't boys and close down the assets owned by the brothers. Note the timing, people; 10 years after the supposed scam and just two months before the big bad constitutional referendum. And this has ruffled more feathers than Correa had bargained for, obviously, cos last night his Finance Minister, Fausto Ortiz, abruptly
resigned his post in protest. According to the Agence France Presse report, Correa and Ortiz had a big slanging match in which Correa demanded that Ortiz filed the necessary documents for the TV station takedown, or get out. He got out.
two dudes inside a TV station in Ecuador, looking at a wall and holding big guns.
A replacement has already been found
in the shape of Wilma Salgado, who was recently absolved by the Constitutional Assembly of suspected misuse of funds at the very same AGD used to close down the TV stations yesterday (oh how the world turns, eh?). But she's now been put in charge of running the country's finances by a Correa obviously taken aback by Ortiz's resignation.
And thus another weak link snaps in the Correa gov't, just weeks before the big referendum. Gotta be said this is not helping the gov't image in the run up to the decisive vote