2000 – Page 34

Amid an outcry of protest from local residents, the ordnance experts of the army and navy have begun the destruction of armaments in the village of Sierra Prieta, some 30 kilometers north of Santo Domingo. The arms – some of which are said to be as much as sixty years old – have been accumulated …

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Two of the nation?s largest financial institutions – the Banco Popular (BP) and the Grupo Financiera Nacional (GFN), which is the parent of Banco Nacional de Credito – denied that they are engaged in merger talks. Miguel Tejada, GFN?s Vice-President for Communications said that the story that appeared in yesterday?s edition of Hoy was ?without …

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A local group has put together a financial package to underwrite the construction of the Pan American Village. The land for the village has been donated by the Dominican government close to the Las Americas Airport East of Santo Domingo. Some 7,000 athletes, trainers and managers will be lodged there for the duration of the …

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DR1?s daily news briefing will not be published on Monday, November 6 so that we can observe a national holiday, Constitution Day. DR1 news for the weekend and Monday will be compiled for inclusion in the Tuesday, November 7 edition.

Unnamed but reliable ?government sources? are quoted in today?s press as confirming that the tax proposals to be released formally on Monday will include; an increase to 12% in the ITBI (point-of-sale) tax, inclusion of heretofore exempt businesses (e.g., insurance) in the ITBI base, a reduction in the brackets of import duties, increases in taxes …

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President Hipolito Mejia said that he has ?never been corrupt,? and has no tolerance for corruption. For this reason, he will not intervene in judicial processes that may lead to the punishment of wrongdoers. Mejia also said that there are ?sufficient arguments? to indict functionaries of the previous government. The prosecution of corruption, he said …

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During his visit to the offices of the Dominican Port Authority, President Hipolito Mejia accused reporters who cover the Presidency of not telling the truth. Mejia said, ?You all say many things that are not true, and other things that represent whatever you feel like saying.? As an example, Mejia cited an article by Geomar …

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The President of the Senate, Ramon Alburquerque, asked the President of the National Private Enterprise Council (CONEP), Celso Marranzini, to clarify whether his opposition to a proposed wholesale tax represents the view of his organization of tax evaders. When asked by reporters to comment on the attitude toward new taxes that has been expressed by …

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Following yesterday?s headline-making show of ?solidarity,? Alexandrina German left her home on Thursday and quietly presented herself at the office of the Attorney General, Virgilio Bello Rosa who, together with Special Anti-Corruption Prosecutor, Jesus Lopez Jimenez, examined her for three hours. German explained her 180-degree change of position, saying, ?I cannot permit the Dominican public …

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