Ecuadorian Authorities Detain Guayaquil Mayor in Financial Investigation

Ecuadorian prosecutors and police conducted a pre-dawn raid, detaining Guayaquil Mayor Aquiles Alvarez as part of an investigation into money laundering and tax evasion. Bloomberg posted on X, highlighting the ongoing probe that has drawn significant attention in the region. The authorities have not disclosed further details about the charges or the evidence leading to the mayor's detention. This development marks a significant moment in Ecuador's efforts to tackle financial crimes and corruption within its political landscape.