The District Attorney of the National District said that she would request extraordinary disciplinary measures be used for one of the defendants in the Peravia bank fraud case. The defendant, who had been overseas and upon his return, voluntarily turned himself in to the authorities in order to negotiate a plea deal with the government. The defendant promised to return RD$125 million in exchange for no jail time and protection from prosecution.
A source revealed to El Nacional newspaper that Rolando Cabral Veras, the brother of Nelson Cabral, who was also accused of bank fraud, arrived in the country on Monday, 24 April 2017, to seek a plea deal with the Justice Department. This would be of interest to the monetary authorities who are interested in protecting the savings of depositors.
According to El Nacional’s 26 April 2017 issue, Cabral Veras was being held in the offices of the District Attorney awaiting the establishment of any coercive measures. The agreement with Cabral Veras would also implicate in addition to the payment of the RD$125 million, his collaboration with the Justice Department in its case against the bank officers. Cabral Veras, a well-known businessman in Puerto Rico and Florida, alleges that his good name was used to hide assets. Other defendants such as Omar Farias Luces have returned RD$40 million to the authorities.
27 April 2017
