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October 12, 2021

Pandora Papers: Ecuador's President Faces Probe over Use of Tax Havens
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Lawmakers in Ecuador have voted to open an investigation of Ecuador's
right-wing President Guillermo Lasso into whether he broke the law by
keeping money in overseas tax havens. According to the recently
published Pandora Papers, the former banker had ties to 10 offshore
companies and trusts. In 2017, Lasso moved assets from Panama to two
trusts in South Dakota, which has become a popular tax haven in the
United States.


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