Ecuador president demands probe into predecessors oil projects

MOSCOW (MRC) - Ecuador's President Lenin Moreno asked the country's prosecutor to probe USD4.9 billion (3.9 billion pounds) of oil-related infrastructure projects, alleging that the OPEC nation's money was looted during the decade-long tenure of his leftist predecessor, said Reuters.Moreno said there were massive cost overruns, operational failings and non-transparent bidding processes a

Full article at mrcplast.com