2009News

Expensive borrowing

In today’s Hoy newspaper, Economist Bernardo Vega writes about the widespread practice in the Fernandez administration of contracting commercial loans rather than loans with institutions that would demand transparency and the holding of tenders. He makes the point that President Leonel Fernandez had announced taking on US$200 million in FAD Spanish funds, but chose instead …
2009News

Restoring the Malecon

The president of the National Hotels & Restaurants Association is calling for close cooperation between the municipal authorities, the Police and the Ministry of Tourism to restore the splendor of Santo Domingo’s seafront boulevard, the Malecon. Haydee Kuret de Rainieri is in London, attending the World Travel Market trade show. As reported in Diario Libre, …
2009News

Bankruptcy law

The American Chamber of Commerce and the Ministry of Industry & Commerce are holding a workshop on the “Law of Business Restructuring and Judicial Liquidation.” The event, which is open to the public, will be held this Thursday, 12 November at the Salon Anacaona of the Hotel Jaragua from 2 to 6:30pm. Speakers will be …
2009News

Ruling or new law

Supreme Court president Jorge Subero Isa has called for the publication of a ruling with guidelines for judges to consult when considering releasing a person on bail. The announcement comes after judge Roxanna Vasquez used a clause in the Penal Code to reverse a jail order for Sobeida Feliz, suspected accomplice of fugitive drug trafficker …
2009News

Judge defends bail

The judge who granted Sobeida Feliz conditional release from jail is defending her actions, saying that she based her decision on the documents that were presented to the court. Judge Roxanna Vasquez Febrillet said she is open to an investigation, including her bank accounts and her track record as a judge. The judge says she …
2009News

El Gringo denies tape

Manuel Emilio Mesa Beltre, a.k.a. El Gringo, is back in the news, this time denying that he is in possession of filmed footage that incriminates high-ranking police officials. The tape allegedly shows police officers taking bribes. El Gringo met with National District Prosecutor General Alejandro Moscoso Segarra. Hoy reveals that the existence of this tape …