Ramon Baez Figueroa’s defense counsel has responded to the paid advertisement published by the Central Bank’s defense counsel, on the subject of the Baninter fraud case, accusing the legal counsel of being responsible from the point of view of their technical-juridical counsel for the serious violations to the Monetary and Financial Law committed during the Hipolito Mejia government that led to the collapse of Baninter and the quasi-fiscal deficit. They point out decisions such as the refunding of deposits of more than RD$500,000, including multimillion disbursements made in favor of the bank’s shareholders, such as treasurer Manuel Guaroa Liranzo, among others. They reaffirm that the law calls for a previous administrative penalizing procedure, prior to a trial in court. The paid advertisement commentary comes as the local monetary and financial authorities have requested that the Camara de Calificacion del Distrito Nacional reject a request made by Ramon Baez Figueroa’s defense counsel for the implementation of the administrative procedure. They deny that the process would have a maximum fine of RD$10 million, and establish that the Monetary and Financial Law, in its Art. 80, establishes penalties of up to 10 years in prison for lawbreakers who undergo the administrative penalization procedure. They instead establish that when talking about impunity, the previous government’s record and that of the monetary authorities that hired them and paid them in advance for their work should be studied. “It is logical that those lawyers do not want the legal violations committed by those authorities, at the time of the intervention and destruction of Baninter, to be clarified, because then their legal advice in the decisions would be exposed,” states Baez Figueroa’s legal counsel.