Ecuadorian colonel says lift bank secrecy veil

- Central Banking staff
- 06 Dec 2000

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Former Colonel Lucio Gutierrez, who led the January coup that removed President Jamil Mahuad from office, called on the Ecuadorian government to lift the bank secrecy act and reveal the names of the beneficiaries of the March 1999 bank holiday decreed by the government.

The retired officer, a member of Movimiento Patriotico 21 de Enero (January 21 Patriotic Movement), said the list of alleged beneficiaries would undoubtedly include President Gustavo Noboa and former President Sixto Duran Ballen.

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