As many of you DR1ers have read Mr. Renta was found guilty by a Miami court, he is ordered to pay the Dominican government 176.9 Millions dollars. I have a couple of questions.
1. Do you think this will affect the pending cases of the other individuals involved in the Baninter case?
2. How do you think the government will use this money? How should they use? or do you believe it will be pocketed by government officials?
I am really shocked that he going to pay 176.9 Million dollars! Of course when he appeals he will probably ask the court to lower the amount. Even though this statement might sound ignorant I really did not believe a Dominican individual would have so much money, I mean I read the forbes top 500 list and there has been yet to list a Dominican and the minimum to the list is 500 million (I believe). 176 M is over 25% of 500 M. His defense lawyer stated he is from wealth adding he is nephew of Oscar de la Renta but I ask since he illegally used money to maintain is private lifestyle, how much of his wealth should be considered of hard & honest work?
Peace,
Capo
1. Do you think this will affect the pending cases of the other individuals involved in the Baninter case?
2. How do you think the government will use this money? How should they use? or do you believe it will be pocketed by government officials?
I am really shocked that he going to pay 176.9 Million dollars! Of course when he appeals he will probably ask the court to lower the amount. Even though this statement might sound ignorant I really did not believe a Dominican individual would have so much money, I mean I read the forbes top 500 list and there has been yet to list a Dominican and the minimum to the list is 500 million (I believe). 176 M is over 25% of 500 M. His defense lawyer stated he is from wealth adding he is nephew of Oscar de la Renta but I ask since he illegally used money to maintain is private lifestyle, how much of his wealth should be considered of hard & honest work?
Peace,
Capo