2022News

Superintendent of Banks: If it’s too good to be true, stay away

Superintendent of Banks Alejandro Fernandez has tweeted a grim truth. Legally, there is little the financial authorities can do here regarding pyramidal scams until a victim presses charges. Superintendent Fernandez highlights the past scam by TelexFree that affected thousands and mentions a recent pyramid case that is making the rounds – Mantequilla. Diario Libre carries …
2022News

Ayesa signs a EUR2.4 million contract for Santo Domingo Metro

The Spanish provider of technology and engineering services, Ayesa has been awarded its first project in the Dominican Republic. Ayesa will provide supervision services to expand transport capacity for Line 1 of the Santo Domingo Metro for EUR2.4 million. Ayesa signed with the Office for the Reorganization of Transport (Opret). In a press release issued …
2022News

Diario Libre: 114 audits annulled at the Chamber of Accounts with the change of president

The Chamber of Accounts under Janel Ramirez has annulled 114 audits to government entities carried out during the past administration, Diario Libre reports on 27 September 2022. Senator Pedro Catrain (Samana-PRM) says that the accusations for sexual harassment to the Chamber of Accounts’s president seek to create the climate for the reinstatement of the previous …
2022News

PLD prepares survey to help it choose its presidential candidate

Charlie Mariotti, secretary general of the Dominican Liberation Party (PLD), the largest opposition party, gathered the pre-candidates for the presidential candidacy in the May 2024 general elections for lunch on 26 September 2022. The PLD is for the first time in the opposition after being government from 2004 through 2020. The party has organized an …