The latest government scandal affects the Instituto de Estabilización de Precios (Inespre), a government institution that is expected to disappear with the opening of Dominican markets. Property of the institution was reportedly leased to private businesses for ridiculous amounts during the Balaguer government. The Listin Diario has been carrying the story. The beneficiaries of the leases include the Asociacion de Productores de Leche which produce Parmalat milk at an Inespre milk processing plant, leased for RD$100 a month; the Tokio Motors import company, which leased a 75,000+ lot for RD$500 a month; the Novabarca del Caribe fish processing company, which leased an equipped industrial plant for US$10,000 a month; among others. Furthermore, the press has reported that the Fernández government received the institution with debts of over RD$300 million. The present director of Inespre said contracts are being revised and some property may be recovered.
