2014News

Omega to stay in jail

A court in Santiago has confirmed a three-month prison sentence on remand for merengue singer Antonio Peter de la Rosa (Omega), who is accused of shooting and wounding several people in a commercial center in Santiago earlier this year. The court made the decision following a request from the Public Prosecution Service, even though the …

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2014News

Government borrows more than authorized in budget

Congress approved budgets for RD$54 billion more than authorized in the National Budget this year, reports Diario Libre today. In the first ordinary legislature that ended on Saturday, 26 July 2014, legislators approved loans, authorized public debt placement and international bonds placement for RD$202,647,296,840.21 to the government. The biggest loan corresponds to the EPC Contract …

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2014NewsPages

DGII says it will sign agreement for FATCA compliance

Dominican Tax Agency (DGII) director Guarocuya Felix says the government has reached agreements in substance regarding the application of FATCA (Model 1GA). FATCA requires foreign financial institutions (FFIs) to report to the IRS information about financial accounts held by US taxpayers, or by foreign entities in which US taxpayers hold a substantial ownership interest. Furthermore, …

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2014News

Working for politicians

In today’s Diario Libre, Monday 28 July 2014 editor Ines Aizpun writes about her frustration in the face of what she describes as the increasing gains of politicians over the working class. “Citizens protest about the legislators’ slush funds; they talk about internal battles between Leonelistas and Danilistas for government posts. Citizens complain about the …

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2014News

Nationality-free zone?

Fundacion Justicia y Transparencia president Trajano Vidal Potentini says that the Decree 250-14 issuing the ruling for the application of the Naturalization Law 169-14 turns the Dominican Republic into a nationality-free zone. He criticized what he described as the Medina government’s flexibility in accepting who was born here and the fact that the applicant can …

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