1998 – Page 180

The Superintendent of Banks and the president of the Association of Commercial Banks rejected that the Dominican banking system has laundered US$1,000 million as reported in The Washington Post. "That is impossible," stated Vicente Bengoa, of the Superintendency of Banks. He also called "an exaggeration" that 500,000 Dominicans consume marihuana and cocaine. He said while …

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Freddy Ortíz, president of the Asociación Dominicana de Remesadoras de Divisas, the organization that groups Dominican companies that remit money primarily from Dominicans in New York City to their relatives in the Dominican Republic, says that U.S. companies that are interested in capturing this lucrative market are behind the pressures Dominican companies are now being …

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The Attorney General’s Office sent the case against Partido Reformista Social Cristiano deputy Adriano Sánchez Roa to the Supreme Court of Justice. Congressmen can only be judged by the Supreme Court of Justice. The present administration of the Banco Agrícola has accused deputy Sánchez Roa of malversation of RD$100 million during his term as administrator …

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Legal advisors to the Dominican government and the Corporación Dominicana de Electricidad (CDE), the state electricity utility, will be in Mexico, for the 5-6 March hearing of the case of CDE vs. Smith-Enron, a private energy supplier. The Dominican government is contesting the legality of the contract and cites that the nation is not obliged …

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Minister of Education, Ligia Cardona de Melo, criticized the National Police for its laissez-faire attitude in the eastern city of Higuey, where she said drug trafficking and drug consumption is on a rise. She said that most likely the 21-year old who assassinated professor Roberto Antonio González on Monday, was on drugs. The 27 year …

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The Listín Diario newspaper reported that the project to light up the Colonial City of Santo Domingo is advancing. Now lit up, old Santo Domingo is one of the most attractive and romantic sites in the Caribbean. The project is a joint effort of the Agencia de Cooperación Española and the Dominican government. José Manuel …

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Tonight, Thursday, 19 February, Dominican fashion designer Oscar de la Renta will show the designs he has created for the Pierre Balmain house of Paris. Top model Eugenia Silva and other 17 foreign models will be showing the collection. Attires to be exhibited range from US$20,000 to US$50,000, for a wedding dress. Alain Haveline, president …

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Listin Diario reported that a conflict of business interests is behind the delays in repairing the Palacio de los Deportes, the main sports arena of the city of Santo Domingo, located at the Juan Pablo Duarte Olympic Center. Since its inauguration in 1974, the sports dome has been the arena for local basketball championships, which …

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The Partido de la Liberación Dominicana (PLD) and the Partido Revolucionario Dominicano (PRD) continue to court the Partido Reformista Social Cristiano (PRSC) of former President Joaquín Balaguer. The party’s voters could make the difference in the May 16, 1998 congressional and municipal elections. Hoy newspaper reported that the party designated a commission to seek a …

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Yehuda Brener, director for Latin America and the Caribbean of Carnival Cruise Line, said that the transatlantic ship, the "Inspiration," will be using the Port of Santo Domingo as starting point for the Caribbean cruise. Passengers will arrive by plane to board the giant ship. Carnival Cruise Line is the largest transporter of maritime passengers …

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