The Superintendence of Banks has released 13 names it says should be added to the list of defendants in the Banco Peravia case. The individuals concerned allegedly granted 1,292 fraudulent loans for RD$1.4 billion. Luis Armando Asuncion said that those resources are equivalent to 75.3% of the bank’s total loan portfolio, which on the date of notification of the dissolution totalled RD$1.9 billion.
In a report sent to the District Attorney of the National District Yeni Berenice Reynoso, the Superintendence of Banks stated that the DA should add the following people to the list of defendants, and that more could be added in future: Nelson Serret Sugranez, Carlos Alberto Serret Sugranez, Jorge Serret Sugranez, Jose Luis Santoro, Gabriel Jimenez Aray, Luis Manuel Pena, Daniel Morales Santoro, Nelson Cabral Veras, Rolando Cabral Veras, Yesenia Serret, Jocelyn Leal, and a Certified Public Accountant, Genova Isabel Torres, who allegedly provided the accounting reports for more than 90% of the loans and a notary public, Moises Barinas Villalona, who is believed to have legalized the fraudulent contracts.
The DA says that although Jose Luis Santoro was a member of the bank’s Executive Committee, in practice he was a co-president together with Gabriel Jimenez Aray, as is shown by the alleged maneuvers made by the bank, the orders that he gave, and the fact that they even shared the same floor.
Reynoso added another irregularity, which was granting several credit cards with high limits in one single day for people who did not fulfill the requisites for such high credit limits. According to Reynoso, the clients’ case files do not include the signed applications, the authorization contracts for the issue of credit cards or the receipts. She says that they only have an authorization in an email from Jose Luis Santoro and Gabriel Jimenez Aray. It was discovered that on the same day that one credit card was issued, cash withdrawals were made from ATMs for amounts equivalent to 50% of the limits, and within five and seven days after their issue, they consumed the total of the approved credit, without making any payments to the bank. She established that from 2012 to 2014, Santoro made direct transfers for a total of US$796,768 through his account.