"The Inter American Press Association (IAPA) expresses concern over the intervention of Gráficos Nacionales S.A. (GRANASA), publisher of the newspapers Extra and Expreso, ordered by Ecuador’s Superintendency of Companies. The organization urges authorities to act with transparency and strict adherence to due process.
In a document sent on Feb. 18 to GRANASA’s chief executive officer and general manager, Galo Eduardo Martínez Leisker, the Superintendency of Companies reported the intervention of the company 'with the aim of overseeing its financial and economic operations and promoting the correction of identified irregularities, in order to avoid harm to its partners and/or third parties,' according to press reports.
The agency’s measure included the appointment of an external overseer who must submit monthly reports on the company’s situation, according to local media."
