The National District judge hearing the case presented by Manuel Guaroa Liranzo against former Baninter bank president Ramon Baez Figueroa for alleged contract abridgement has been shelved after Liranzo retrieved the suit, as reported in Hoy newspaper. Liranzo was the treasurer of the Baninter bank until its collapse. Despite being the treasurer of the bank at the time of its collapse, Liranzo was not included in the accusations presented by the Central Bank against the bank’s leading executives. On the contrary, in May 2003, Liranzo received a payment of US$10 million from the Central Bank to the order of Scotiabank, to pay a loan that had been contracted, as well as a Central Bank certificate of investment for RD$551,540,000 that was cashed during the government transition period.
Hoy newspaper explains that the media assets of Guaroa Liranzo in partnership with Baez Figueroa are Telecentro (13), Multimedios (RNN), Inde, Administraciones Diversas, Gestiones y Administraciones de Negocios, Cadena Espacial and Cadena 31.