2010 – Page 227

The National Police captured one of the 9 Most Wanted criminals in the Dominican Republic on Friday when they arrested Jose Arturo Lugo Gonzalez at a guesthouse in Andres, Boca Chica. The authorities accuse Lugo Gonzalez of stealing RD$5,000,000 in cash and tens of thousands of dollars from Scotia Bank in Santiago de los Caballeros. …

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Following a joint operation between Interpol and the Dominican National Police, Luis Alfonso Reyes (Luis la Perra) and Raul Florentino Baez Medina (Mayimbe) who are members of the “10 Most Wanted” list in the country are now under arrest. Both men are accused of gunning down Army captain Lucilo Reyes on 19 February 2010. According …

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The first few days of the week will see rains over a large part of the national territory as a result of a marked flow of winds from the east, according to the Weather Department (Onamet). Humidity, especially during the day, and the rains will combine to produce moderate to heavy showers. The rainfall will …

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Get to know the creator of a new kind of Dominican music, Rita Indiana y Los Misterios. She has made her mark for mixing traditional with funky, electronic, hip-hopish sounds. Her music can be downloaded for free on the Internet. Some have described her music as “alternative merengue” and “futuristic merengue.” She will be at …

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The government of the Dominican Republic sold US$750 million in 11-year bonds on Thursday at 376.8 basis points over Treasury’s to yield 7.5%, according to Hacienda Minister Vicente Bengoa. He said the bonds have fixed redemptions set for 2019, 2020, and 2021, and interest payments on a semester basis. The placement made out through the …

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The exchange rate tumbled yesterday by about 20 points in just one day, going from a quote of RD$36.85 to RD$36.63 to the US$1 on the exchange market. The fall came after the governor of the Central Bank, Hector Valdez Albizu, declared that there were no monetary or fiscal reasons to explain the increase in …

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The vice president of the Public Electricity Corporation (CDEEE), Celso Marranzini says that 1.7 million euro is needed and up to seven or eight months manufacturing time to replace the transformer that exploded in San Pedro de Macoris. The explosion left several municipalities in the East without power. Marranzini said that only the quick response …

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Amid cries of “foul”, and with just 16 days to go before the congressional and municipal elections in May, the Presidential Social Plan has embarked on a massive-scale distribution of food packages in 40 sectors of the province of Santiago at a cost of RD$6.4 million. The food rations include rice, oil, beans, milk, salami …

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Civil society group Participacion Ciudadana said that between 2002 and 23 October 2009 Dominican legislators imported 678 luxury vehicles, including Ferraris, Lamborghinis, Porsches, Rolls Royces, Bentley Continentals, Mercedes Benzes, Lexus and BMWs. The legislators are allowed 100% tax exemptions on vehicles every two years during their term. This means that legislators elected for the six-year …

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The Chamber of Accounts has delivered the results of 162 audits conducted in 2009 to the National Congress. Their report, titled “Analysis and Budgetary Evaluation of the Government” is included along with 162 audit reports. The director of the Chamber of Accounts, Licelot Marte de Barrios, said that the audits were carried out on 22 …

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