Ecuador's Expreso Newspaper Faces Intervention Amid Censorship Concerns

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AI Summary
The Superintendencia de Compañías in Ecuador has intervened Granasa, the publisher of Expreso and Extra newspapers, due to alleged financial irregularities. This decision, announced on February 18, mandates an external supervisor to oversee the company's operations and report monthly. The intervention stems from a dispute over a 40% share transfer to a family member of the newspaper's founders, which the Superintendencia seeks to reverse. Critics, including the Inter-American Press Association, warn that this move may threaten press freedom and resemble past government actions against independent media. Granasa has denied any wrongdoing and asserts that the intervention undermines its editorial independence.
Key Details: • Intervention announced on February 18, 2026. • 40% of Granasa's shares are in dispute, originally transferred in 2020. • External supervisor will report monthly on Granasa's activities. • Concerns raised about potential censorship and press freedom violations.