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NARCOS DESTROY ONE OF SOUTH AMERICA’S MOST FERTILE FARMING OPERATIONS
This downfall was made possible by socialist narco President Rafael Correa who is currently a fugitive from the Ecuadorean legal system The downfall of Hacienda La Clementina in the Los Ríos province is a devastating textbook example of how institutional failure, political demagoguery, and organized crime can destroy a nation's agricultural backbone. What was once an 11,500-hectare powerhouse—the crown jewel of Ecuador’s banana and teak production—has effectively been crippled, leaving nearly 2,000 cooperative workers and their families in financial ruin. The trajectory from a thriving agricultural titan to a fortified stronghold for criminal mafias reveals how the crisis unfolded. 1. The Political Setup (2013) For decades, La Clementina was the highly productive property of the Noboa family (one of Ecuador's wealthiest business empires). In 2013, during the administration of President Rafael Correa, the Internal Revenue Service (SRI) seized the hacienda over an alleged $...
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