2018News

Luciano Nitrini Guidolin of Odebrecht expected Monday in Santo Domingo

Luciano Nitrini Guidolin / Acento

The CEO of the Brazilian construction firm, Odebrecht, Luciano Nitrini Guidolin, was expected to arrive in Santo Domingo on 1 October 2018, for a meeting with President Danilo Medina, according to the National Committee to Combat Climate Change (CNLCC), as reported in Acento.com.do
As reported, he was due to arrive at 4pm to the Las Americas International Airport and make his way to the National Palace. The Presidency has not confirmed the meeting.

“President Danilo Medina and the president of Odebrecht will undoubtedly discuss the current state of accounts for the Punta Catalina power plant, which represents one of the largest investments in our nation’s history”, says the CNLCC release.

The CNLCC is critical of the lack of transparency surrounding the meeting they expect will be about the Punta Catalina coal-fired plant under construction by Odebrecht.

The CNLCC has raised concerns about a range of issues with the plant, including from the bidding process to the recent announcement of the creation of a contingency fund for US$336 million to complete construction of the facility. The CNLCC says that these uncertainties suggest that the deal for the expenditure of the US$336 million is not closed.

The CNLCC expects the authorities to inform the country about the details of the meeting and any outcomes.

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Acento

2 October 2018