• D.C.
  • BXL
  • Lagos
  • Riyadh
  • Beijing
  • SG

Intelligence for the New World Economy

  • D.C.
  • BXL
  • Lagos
Semafor Logo
  • Riyadh
  • Beijing
  • SG


Flagship newsletter icon
From Semafor Flagship
In your inbox, every weekday
Sign up

Ecuadorian president’s family banana business smuggled drugs, investigation finds

Dec 23, 2025, 6:20pm EST
PostEmailWhatsapp
Daniel Noboa
Daniel Noboa. Santiago Arcos/Reuters

Drug traffickers used the Ecuadorian president’s family banana export business to smuggle cocaine.

Balkan gangsters boasted in intercepted chats about how they had exclusive rights to use shipping containers from the Noboa Corp., owned by President Daniel Noboa, according to the Organized Crime and Corruption Reporting Project’s investigation; one message described a 950lb drug shipment.

The findings prove awkward for Noboa, who has called for the US to back his “war” against “narco-terrorists.”

Washington temporarily deployed troops to Ecuador last week, despite Ecuadorians recently voting against establishing foreign military bases.

Ecuadorians aren’t “swayed by the simplistic narrative that a permanent US military presence in their country would help end gang violence,” the country’s former foreign minister argued in Project Syndicate.

AD