![]() ![]() One Congressman was widely quoted as saying, referring to nationwide protests, that, “Bucaram danced while Quito burned.”Įven though the Ecuadorian constitutional court ruled that his impeachment and conviction were illegal, Congress ordered the Army to remove him from office and he fled to Panama.īorn in Guayaquil to Lebanese immigrants, Bucaram earned early fame as a professional football player. He was well-known for sharing the stage and microphone with big-name entertainers, and some members of the Ecuadorian Congress insisted he was crazy, partying instead of running the country. His opponents also focused on Bucaram’s love of dance, song and partying, which had earned him the nickname “El Loco” during his term as mayor of Guayaquil. Within two years of Bucaram’s election, Ecuador went into a financial melt-down that resulted in the abandonment of the national currency, the sucre, and adoption of the U.S. “There was terrible financial stress and the banks had a strangle-hold on the government since previous administrations had sold them public assets and granted them self-regulatory authority,” he said. Almost immediately, after proposing cuts to a broad range of government subsidies, new banking regulations and currency devaluation, he faced massive public protests and calls for his impeachment from both the political right and left.īucharam “dancing the night away” in Quito.Īccording to Dalo Bucaram, his father was elected during a time when it was almost impossible to govern the country. Elected as a populist, he promised to restore confidence in government, balance the national budget and to curb the power of private banks. Serving as president only from Augto February 6, 1997, Bucaram came into an office during a time of deep economic recession throughout Latin America. An another warrant had been withdrawn earlier.īucaram and his friends and family have long-claimed that the embezzlement charges as well as the claim that he was mentally unstable were pretenses by opposition politicians for his 1997 impeachment and conviction. His son, Dalo Bucaram, announced Thursday that the National Court of Justice has withdrawn an arrest warrant against his father for alleged corruption. If found guilty, the accused face a prison sentence of up to five years.After 20 years of exile in Panama, Abdalá Bucaram has been legally cleared to return to Ecuador without threat of arrest. The justice system also resolved the prohibition of alienating assets, the transfer of shares and the release of policies, and the blocking of accounts of all the accused. The last known whereabouts of Dalo Bucaram and his wife, also involved in the case, is that they were in the United States. The Prosecutor's Office did not report whether the Bucaram brothers have already been arrested. The businessman, linked to the Bucaram, received a medical discharge this week and was transferred to a prison in Quito. ![]() The justice also ordered prison for eight other defendants, while for three it issued a ban on leaving the country and daily presentation to the Prosecutor's Office and for one house arrest.Īmong those charged with a prison, order is local businessman Daniel Salcedo, who was arrested when the plane he was traveling in crashed in Peru. ![]() The Bucaram brothers are prosecuted along with 12 other people for alleged illicit association for the commercialization of medical supplies to hospitals in Guayaquil "through apparently irregular activities, obtaining economic income that would not have been justified to the national financial system," The judge in charge of the case "accepted the request of the Prosecutor's Office and ordered preventive detention" against Jacobo, Michel and Abdalá (Dalo) Bucaram, the latter presidential candidate in 2017, the Prosecutor's Office said in a statement. They are in preventive for alleged corruption in the sale of medical supplies to public hospitals, the Prosecutor's Office reported. The justice ordered on Friday, July 31, prison for three children of former Ecuadorian President Abdalá Bucaram. ![]()
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