The Spanish newspaper “Público” denounces that a son of Guillermo Lasso bought a yacht with a ghost company

The Spanish newspaper Público has reported this Monday that one of the sons of the president of Ecuador, Guillermo Lasso, bought a luxurious yacht in the United States through a shell company.

“The documentation gathered by this newspaper indicates that on February 26, the corporate group ‘You YouCorp SA’ closed in Miami the shipment to Guayaquil of the yacht Dolce, whose value amounted to 560,000 dollars. Juan Emilio Lasso Alcivar, son of the Ecuadorian president, acted as You YouCorp representative“Says the newspaper.

According to the Spanish newspaper, “Juan Emilio Lasso was still in charge of the purchase of the Dolce yacht, which would be transported from the US port of Everglades to the maritime terminal of Guayaquil. The boat arrived in Ecuador on March 11, with a little less than a month left before the second round of elections in that Latin American country. The cost of insurance and freight reached $ 55,490 ”.

Public collects in your information that “According to public data from the Internal Revenue Service of Ecuador –an official body–, the company ‘You YouCorp’ has not made any payment of taxes on foreign currency outflows since 2013, while in respect of Income Tax –the which is applied on the obtained gains – only appears 337.90 dollars paid in 2016 ″.

It also details that “The financial situation report of said company corresponding to 2020 indicates that during the past year it did not register income, while it accumulated losses for an amount of 14,438 dollars. Its corporate purpose is “to act as a holding company, as a partner or shareholder in other companies”.

Among the shareholders of that company are, the newspaper specifies, “In addition to Juan Emilio Lasso Alcívar –who appears in the documents as general manager–, three other children of the President of Ecuador: María de Lourdes Lasso Alcívar, María Mercedes Lasso Alcívar and Santiago Xavier Lasso Alcívar.”

The public reports that he wrote to Juan Emilio Lasso “To know his point of view on this matter, but so far there has been no response.”

Remember that “The name of one of the sons of the Ecuadorian president is present right now in the folders of several deputies of the Congress of that country: Santiago Lasso was called to appear together with his mother, María de Lourdes Alcívar, before the Constitutional Guarantees Commission, where they wanted to ask them different questions about the alleged irregularities that appear in the ‘pandora papers‘and that affect the environment of the president ”.

The information adds that “According to the extensive work carried out by the International Consortium of Investigative Journalists (ICIJ), the Ecuadorian president is behind a network of up to 14 opaque financial companies, the majority based in Panama.”

“According to ‘pandora papers‘, -Continues Público- Lasso closed that network after President Rafael Correa approved a law in 2017 that prohibited presidential candidates from having companies in tax havens ”.

The president’s wife and son, says the Spanish newspaper, “They have declined to go to the investigation commission, claiming that they are not public officials. President Lasso did not want to go to the parliamentary committee either, which has caused widespread discontent among opposition groups ”.

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