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Constituent Mandate 13
Constituent Mandate 13 was an amendment to the Ecuadorian Constitution passed by the Ecuadorian government in 2007. The purpose of the mandate was to seize properties owned by The Isaias Group for the stated purpose of reimbursing former depositors of Filanbanco Filanbanco was the largest bank in Ecuador. Founded in the city of Guayaquil, it went bankrupt in 2001 following the 1998-99 Ecuador banking crisis, banking crisis of 1998. Beginnings The bank was originally called La Filantrópica (The Philanthro ... SA, a bank that the Ecuadorian government acquired which then went bankrupt during the government's ownership of it. Constituent Mandate 13 was the constitutional norm that Rafael Correa, former president of Ecuador, secured from his country's Constituent Assembly, in order to justify the illegal confiscation of GAMMA VISION, TC TELEVISION and other media companies (over 200 companies illegally seized) owned by The Isaias Group. Mandate 13 was solely dedicated to the Isaias ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Isaias Group
The Isaias Group ("Grupo Isaías") is an Ecuadorian pan regional entrepreneurial conglomerate with an interest in a vast range of sectors, the key industries being media, telecommunications and banking. The group, which owns more than 100 companies, is owned by three brothers, Roberto Isaias, William Isaias and Estefano Isaias. For decades, the group owned companies across several industries, including commercial, real estate, agroindustry, oil, and media. The three brothers led the group's growth and diversification since the 1980s. Background The Isaias Group was founded in the 1930 and since at least 1960 has been investing in the United States, mostly in real estate, business investments, and banking. In 1985, the group's bank, Filanbanco, was the sixth largest bank in Ecuador. By 1994, it had become the largest. Roberto served as executive president and William served as executive vice president until ownership of the bank was transferred to the Ecuadorian state. By 2006, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Filanbanco
Filanbanco was the largest bank in Ecuador. Founded in the city of Guayaquil, it went bankrupt in 2001 following the 1998-99 Ecuador banking crisis, banking crisis of 1998. Beginnings The bank was originally called La Filantrópica (The Philanthropist). Under the leadership of Pedro Isaías Barquet, La Filantrópica promoted the development of small industry, commerce, and agriculture, and became established as a strong and solvent financial institution. At the time of Isaías Barquet's death in 1960, the family decided to save the bank and inject it with capital. It was acquired in 1960 by the The Isaias Group, Isaías Group (''Grupo Isaías''), who decided to change its name to Filanbanco. They injected capital into the bank, aiming to provide Guayaquil with a bank that would further the expansion of the commercial and agricultural sector of the Littoral Region, whose trade in products like bananas and cacao was booming. The bank belonged to the Isaías family for three generat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rafael Correa
Rafael Vicente Correa Delgado (; born 6 April 1963), known as Rafael Correa, is an Ecuadorian politician and economist who served as President of Ecuador from 2007 to 2017. The leader of the PAIS Alliance political movement from its foundation until 2017, Correa is a democratic socialist and his administration focused on the implementation of left-wing policies. Internationally, he served as president '' pro tempore'' of the UNASUR. Born to a lower middle-class mestizo family in Guayaquil, Correa studied economics at the Universidad Católica de Santiago de Guayaquil, the University of Louvain (UCLouvain), and the University of Illinois, where he received his PhD. Returning to Ecuador, in 2005 he became the Minister for the Economy under President Alfredo Palacio, successfully lobbying Congress for increased spending on health and education projects. Correa won the presidency in the 2006 general election on a platform criticizing the established political elites. Taking off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Human Rights Committee
The United Nations Human Rights Committee is a treaty body composed of 18 experts, established by a 1966 human rights treaty, the International Covenant on Civil and Political Rights (ICCPR). The Committee meets for three four-week sessions per year to consider the periodic reports submitted by the 173 States parties to the ICCPR on their compliance with the treaty, and any individual petitions concerning the 116 States parties to the ICCPR's First Optional Protocol. The Committee is one of ten UN human rights treaty bodies, each responsible for overseeing the implementation of a particular treaty. The UN Human Rights Committee should not be confused with the more high-profile UN Human Rights Council (HRC), or the predecessor of the HRC, the UN Commission on Human Rights. Whereas the Human Rights Council (since June 2006) and the Commission on Human Rights (before that date) are ''UN political bodies:'' composed of states, established by a UN General Assembly resolution and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
