Ecuador Central Bank President Resigns Over Fake Degree
On December 21, News agency reported that the Chairman of the Central Bank
The President of the Central Bank of Ecuador, Mr. Pedro Delgado, has just resigned over a fake university degree..
Mr. Delgado admitted that he never completed his economics degree at Catholic University.
Speaking on television on Wednesday night, December 20, he said: “I made a mistake, a very serious mistake 22 years ago. I made the wrong decision. In order to achieve my goal of a degree, I made a mistake and now I have to pay a heavy price.”
Ecuadorian President Rafael Correa, who is also Mr. Delgado's cousin, said Mr. Delgado's dishonesty had dealt a serious blow to the government.
Previously, INCAE school began investigating Mr. Delgado and turned over evidence to the authorities.
Mr. Delgado has run the Central Bank since November 2011.
He was also responsible for overseeing a number of companies seized by the state for non-payment of debts. He has also been accused by opposition groups of a number of wrongdoings including financial coordination withAccording to Thanhnien-M
