Do it like Ecuador: The country wins case against banksters

“The Isaias brothers were found guilty in absentia and sentenced to eight years in prison for falsifying financial statements. The state of Ecuador won an important case Monday brought against it by the Isaias brothers, a pair of fugitive bankers who were convicted of embezzlement for their role as the heads of Filanbanco during the Ecuadorean banking crisis in the late 1990s.”

“Ecuador is still seeking the extradition of William and Roberto Isaias. However the pair have received preferential treatment due to their connections to U.S. Senator Robert Menendez, himself the subject of a corruption investigation. The brothers were found guilty in absentia and sentenced to eight years in prison by the Ecuadorean National Court, who determined that the brothers had falsified Filanbanco’s financial statements. Filanbanco received millions from the Ecuadorean state in bail-outs during the country’s bank crisis.”

“This is the second case the Isaias brothers have lost in U.S. courts, after a 2014 ruling determined that Ecuador could attempt to seize properties belonging to the brother in Florida in order to recover a portion of the US$200 million the government of Ecuador says it is still owed.”

http://www.telesurtv.net/english/news/Ecuador-Wins-Case-Against-Fugitive-Bankers-Hiding-in-the-US-20150602-0017.html

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