Financier Luis Alvarez Renta, who is serving a jail sentence for his role in the Baninter banking collapse, has challenged the Central Bank to reveal to the public the contents of the “secret” agreement that former Baninter president Ramon Baez Figueroa signed to obtain his probation after completing five years of his 10-year sentence. Alvarez Renta said that on several occasions he has refused to sign a similar agreement on the grounds that by doing so he would be admitting to the charges for which he says he was wrongfully convicted.
In a letter to Attorney General Francisco Dominguez Brito, Alvarez Renta says: “I realize that it is of great public interest to know the reasons why in this secret agreement the Baninter president explicitly and implicitly desists from any claim or demand against the Central Bank officials, both personal and institutional, as well as from requesting any audit by the commission in its handling of the assets of the liquidation of Baninter.”
He says that the Central Bank officials are the main beneficiaries of the “looting” of Baninter assets and pointed to the “articulated impunity” that has surrounded this case. He said that from 1993 until the crisis exploded, it was they who ‘cheerfully approved’ all Baninter transactions and operations, and then received money from the hidden accounts (High Financial), twice issued retirement plans “and continued to loot public coffers with RD$600 million in settlements to protect and ensure the silence of the other accomplices, officials who were members of the Liquidation Commission.”
http://www.hoy.com.do/el-pais/2013/8/29/496228/Alvarez-Renta-pide-revelar-detalles-deacuerdo-secreto-con-Baez-Figueroa