IBOV 176,564.75 ▲ 0.70% IPSA 10,879.65 ▼ 0.77% IPC MEX 67,304.62 ▲ 0.18% MERVAL 3,256,362 ▼ 1.48% COLCAP 2,301.24 ▲ 0.80% BVL PERÚ 57,237.60 — — USD/BRL5.13▲ 0.18% USD/MXN17.43▼ 0.02% USD/CLP932.73▼ 0.76% USD/COP3,202▼ 0.08% USD/PEN3.39▼ 0.34% USD/ARS1,499▲ 0.15% USD/UYU40.20▲ 1.42% USD/PYG6,020▲ 1.46% USD/BOB11.30▲ 3.36% USD/DOP57.82▼ 0.31% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.22% USD/HNL26.76▲ 1.54% USD/NIO36.62▲ 0.31% USD/VES742.37▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19▲ 0.35% USD/TTD6.75▲ 1.25% EUR/BRL5.84▲ 1.03% BRENT 87.27 ▲ 3.78% WTI 82.33 ▲ 3.87% IRON ORE 161.91 — — COPPER 6.33 ▲ 0.17% GOLD 4,036 — 0.00% SILVER 58.11 ▲ 1.41% SOY 1,218 ▲ 0.50% CORN 482.75 ▲ 5.29% WHEAT 671.25 ▲ 1.32% COFFEE 340.50 ▲ 4.91% SUGAR 14.56 ▼ 0.14% ORANGE JUICE 136.30 ▼ 3.64% COTTON 81.08 ▲ 2.19% COCOA 5,206 ▲ 2.08% BEEF 222.18 ▼ 1.35% CATTLE 337.23 ▼ 0.30% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.61 ▲ 1.78% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 674.00 — 0.00% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,650 ▼ 1.55% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 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4,036 — 0.00% SILVER 58.11 ▲ 1.41% SOY 1,218 ▲ 0.50% CORN 482.75 ▲ 5.29% WHEAT 671.25 ▲ 1.32% COFFEE 340.50 ▲ 4.91% SUGAR 14.56 ▼ 0.14% ORANGE JUICE 136.30 ▼ 3.64% COTTON 81.08 ▲ 2.19% COCOA 5,206 ▲ 2.08% BEEF 222.18 ▼ 1.35% CATTLE 337.23 ▼ 0.30% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.61 ▲ 1.78% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 674.00 — 0.00% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,650 ▼ 1.55% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 64,314 ▲ 0.69% ETH 1,916 ▼ 0.18% SOL 73.91 ▲ 0.29% XRP 1.09 ▲ 1.80% BNB 570.32 ▼ 0.03% ADA 0.16 ▲ 1.86% DOGE 0.07 — 0.00% AVAX 6.44 ▼ 1.89% LINK 8.42 ▼ 0.12% DOT 0.76 ▲ 0.28% LTC 45.35 ▼ 1.70% BCH 213.98 ▼ 0.03% TRX 0.33 ▲ 0.24% XLM 0.17 ▲ 0.05% HBAR 0.07 ▲ 0.40% NEAR 1.62 ▼ 2.08% ATOM 1.29 ▼ 0.89% AAVE 98.52 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Central America Latin America

Former El Salvador minister channeled public funds to prepare his campaign – newspaper

By · April 19, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – El Salvador’s former Security Minister Rogelio Rivas was dismissed for allegedly aspiring to the presidential candidacy of the ruling party in 2024 and moving public funds to finance his eventual campaign, according to a Sunday, April 18, publication by local newspaper El Faro.

El Salvador's former Security Minister Rogelio Rivas
El Salvador’s former Security Minister Rogelio Rivas. (Photo internet reproduction)
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Salvadoran President Nayib Bukele announced last March 26 the appointment of Gustavo Villatoro as the new head of the Security portfolio, without giving details of the departure of Rivas, who had served in that position since June 2019.

“A report by the State Intelligence Agency (OIE) that ensures that Rivas was building a plan to be a presidential candidate and used public resources was the main argument behind the decision to remove him from office,” El Faro states in its report.

It adds that, according to the OIE report, Rivas “was building a political plan” to “become the presidential candidate of the New Ideas (NI) party for the 2024 elections”, without the approval of the president or his family circle.

NI, founded by a movement of Bukele and directed by a cousin of the president, burst into Salvadoran political life in the elections of last February 28 and became the most voted party.

Together with the Great Alliance for National Unity (GANA), this political formation will add 61 of the 84 deputies in the Legislative Assembly that will take office next May 1st.

The publication of El Faro indicates that the Presidential House received last January 11 the referred report, in which it was warned that “a situation has been developing which, when exposed to public knowledge, may have a serious impact on the government of President Bukele, not only due to the use and destination of public funds.”

It adds that the 19-page document indicates creating an account with funds from the Ministry of Security called “Conformación del Fondo Presidencial” (Conformation of the Presidential Fund). This would serve to “finance his eventual campaign.”

“He has designed a mechanism to capture resources” and “the confirmation of the said fund would be used in his campaign as a candidate for the presidency by NI since he assumes himself as the ideal candidate to be designated by the party for such position,” reads the report, according to the investigative media.

El Faro assures that it “obtained a copy of that report on March 9, 2021, two weeks before Rivas was dismissed” and that it “confirmed that the report coincides with other documents obtained later.”

Also, El Faro claims that it “separately interviewed three high-level sources with access to information from Casa Presidencial” and that their testimonies “confirm and complement each other in details about the dismissal.”

The document cited by El Faro states that “the funds that reached the account for an eventual campaign of Rivas came mainly from government funds destined for the construction of infrastructure and from procurement processes carried out during the pandemic.”

El Faro notes that it “documented the existence of this account” through the Ministry of Finance, given that in 2020 an audit was carried out, which had as one of its findings the aforementioned account.

The Salvadoran president has not commented on the publication of El Faro in his social networks.

“I want to thank the President @NayibBukele for the road traveled and the trust he placed in me during the time I served as Minister of Justice and Public Security,” Rivas posted on Twitter the day the change in the head of the Ministry of Security was announced.

During his time at the helm of the Security Ministry, the country recorded a significant reduction in homicide figures through, according to the government, the implementation of the Territorial Control Plan, details of which are not known.

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