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Corruption in Ecuador
From Wikipedia, the free encyclopedia
Corruption in Ecuador is a serious problem. In 2014, the U.S. Department of State cited Ecuador's corruption as a key human-rights problem.[1] According to Freedom House, "Ecuador has long been racked by corruption", and the weak judicial oversight and investigative resources perpetuate a culture of impunity.[2]
According to a report by Adam Zuckerman, "institutionalized graft has become a driving force" of Ecuador's economy, and that this graft is "flourishing in a vacuum of transparency or accountability". The same report indicated that "the entire business class of Guayaquil" owns offshore bank accounts.[3] David Rosero, a member of the opposition party and Ecuador's Council for Citizen Participation, has said that $2 billion is lost every year to corruption.[4]