I think this Ban Inter people were taking money to the laundry and washing it all over the D.R. and then transfering all of it to their own (Dryer) Bank in the Grand cayman Islands.
Baninter used to promote a lot of events, events in night clubs, concerts are the best way to Lavar Dinero, anything that you can't be accounted for will do the job but (DARN!) que maldito tigueres.
Vega opposes rescuing Grand Cayman bank
Former Governor of the Central Bank Bernardo Vega writes in a column in El Caribe today that he opposes the Dominican government assuming responsibility for the debts of a foreign offshore bank of Baninter in Grand Cayman. Vega explains that the motivation to do so would be that among the depositors are local entities with political pull. He said that in order for the government to take on such a commitment, it would need to use its reserves or print more money.
Baninter used to promote a lot of events, events in night clubs, concerts are the best way to Lavar Dinero, anything that you can't be accounted for will do the job but (DARN!) que maldito tigueres.
Vega opposes rescuing Grand Cayman bank
Former Governor of the Central Bank Bernardo Vega writes in a column in El Caribe today that he opposes the Dominican government assuming responsibility for the debts of a foreign offshore bank of Baninter in Grand Cayman. Vega explains that the motivation to do so would be that among the depositors are local entities with political pull. He said that in order for the government to take on such a commitment, it would need to use its reserves or print more money.