Legislators say there would be evidence to censor and dismiss the Superintendent of Companies for lack of control in the Isspol scam

In three days of appearances and delivery of documentary evidence, it was concluded that there is sufficient evidence to determine that the request for impeachment against the Superintendent of Companies, Víctor Anchundia, will end in dismissal and censorship for failing to comply with control tasks of irregular stock market operations that caused a millionaire damage to public companies, including the Social Security Institute of the National Police (Isspol).

This is supported by the interpellants Ricardo Vanegas (Pachakutik) and Luis Almeida (PSC), a criterion to which the president of the Audit Commission, Fernando Villavicencio (Concertación), also joins, who said that according to the documentary and testimonial evidence of the controller and the representatives of Isspol, the proposers’ thesis is confirmed and that there would be sufficient grounds to recommend the impeachment and removal of the official to the full legislature.

Oversight Commission begins to substantiate impeachment requests to the Superintendent of Companies, Víctor Anchundia

Villavicencio commented that according to the testimonies, the control agencies were absent and with levels of complicity in the stock market operations, because although at the judicial level actions have already been initiated on this case, politically the Assembly intends to determine the responsibility and co-responsibilities of the Superintendency of Companies, the Central Bank, the Superintendency of Banks, the high command of the National Police and the Ministry of Government, where irregular and criminal operations that began in 2013 were practically allowed to pass.

It was necessary to wait five years for the alerts of the scam to be turned on, because before there was an complicit silence from all the control authorities, the police leadership and the Ministry of Government itself, he noted.

The Audit Commission will continue this November 18 until Monday November 22 with the appearances and after that the report will begin to be written for the knowledge of the commission and later to the plenary session of the legislature.

Vanegas stated that from the statements of public officials, the liquidators and auditors of the companies Ecuagran and Delcorp, who appeared before the Audit Commission, have allowed the interpellants to collect testimonial evidence that is contrasted with the documentary evidence shown.

All this makes it possible to point out, added the national legislator of Pachakutik, that since 2014 when the first bond issuance for $ 84 million was made, by Isspol to Valparaíso, until 2020, there was no effective control of the different entities of the Superintendency of Companies in charge of regulating the normal behavior of brokerage houses, risk rating agencies, and these companies, without having their balance sheets and an economic and financial situation consistent with the reality that they had on their books, managed to harm the Isspol at $ 990 million.

There is abundant information on the damage to Isspol, said Vanegas, where it is evident that the officials related to the control and supervision of the National Intendency of Companies resigned in 2020 and were replaced by officials who have made it known that in turn They resigned from their positions due to fears and pressures they had in the functions they had been carrying out.

Almeida said that he delivered some 8,000 sheets of evidence of non-compliance with functions by the Superintendent of Companies, but beyond that, it is revealed that companies such as Ecuagran and Delcorp were allowed to act outside of the Law, swindling $ 900 million to through five robberies of Isspol monies.

Ecuagran and Delcorp accumulate debt due to stock market issues

He argued that in the Isspol case there was abuse, theft, embezzlement and misappropriation, where the control by the Superintendent of Companies never operated, rather the revelations show that there was a parallel Superintendency that was directed by an external lawyer. (I)