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Andean Group - April 2012 (ISSN 1741-4466)
ECUADOR: Bringing banking brothers to justice
The brothers William and Roberto Isaías Dassum, prominent bankers who fled to the US in 2000 after the large commercial bank they ran went bankrupt, have been sentenced in absentia to eight years in prison for embezzlement. President Rafael Correa has made the pursuit of the Isaías brothers a seminal case because he claims that it is the prime example of the kind of corruption that thrived under previous governments, controlled by the partidocracia, which allowed financial crimes to go unpunished while ordinary Ecuadoreans had to suffer the pain.
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