(Energy Analytics Institute, Jared Yamin, 2.Oct.2018) — Ecuador, with the assistance of the United Nations Organization (UN), is auditing five major oil projects promoted by former President Rafael Correa during his decade of government (2007-2017).
The total value of the projects amounts to an estimated $5.042 billion, according to an article by AFP published in Ecuador’s daily newspaper El Comercio.
“The United Nations and the Ecuadorian State are already carrying out cooperation to review the five major oil projects in the country,” said Presidency Private Secretary Juan Sebastián Roldán.
A civic commission estimates corruption under the administration of Correa’s government at about $24.742 billion, the article reported.
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