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]
^"International Organizations Denounce Ecuador's Record on Corruption, Press Freedom". The Amazon Post. Mar 28, 2016.
^"Ecuador". Freedom House.
^Zuckerman, Adam (Jun 23, 2016). "Corruption Plagues Ecuador's Oil Deals With China". Planet Experts.
^Hernandez, Jose (Jun 10, 2015). "Corruption in Ecuador: Correa investigates himself". Ecuador Review.
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