Ecuador watchdog says Correa knew of brother’s deals

Rafael Correa

QUITO, (Reuters) – Ecuadorean President Rafael Correa  is fighting accusations by a government watchdog that he knew  about $700 million in state contracts that the panel says were  improperly awarded to his brother.

Correa denied the allegation made by a four-member  committee he created in 2009 to examine the business dealings  of his older brother and political nemesis, Fabricio, a  conservative who has threatened to run against him in 2013.

According to a report handed to state anti-corruption  authorities last week by the Citizens Oversight Committee, the  older