NewsWhore
09-10-2008, 04:20 PM
President Leonel Fernandez yesterday appointed merengue legend Johnny Ventura to be ambassador for cultural affairs, assigned to the Ministry of Foreign Affairs. The appointment comes at a time when Ventura is in the news for his signing of a city hall guarantee for the RD$400 million loan used for the purchase of 432 minibuses for Fenatrano public transport union when he was mayor of Santo Domingo (2001). The guarantee was also confirmed by then President Hipolito Mejia. Several of the transporters have become delinquent on their payments, and now the Banco de Reservas is executing the guarantee. Ventura, a long time PRD party member, this year announced he was switching to the PLD and campaigned for President Leonel Fernandez. The decision by the Banco de Reservas to execute the guarantee is affecting the cash flow of the Santo Domingo municipality.
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More... (http://www.dr1.com/index.html#10)