NewsWhore
01-29-2009, 06:00 PM
The two top executives of the government electricity sector have dismissed the idea that the government is planning to "take control" of the Ede-Este company that distributes electricity in the eastern part of the country. Blair Thomas, CEO of EDE-Este, publicly complained about this in the press yesterday. However, the superintendent of electricity, Francisco Mendez, and the executive vice-president of the Dominican Corporation of State-owned Electricity Enterprises (CDEEE) Radhames Segura, said that they were surprised by the comments made by Blair Thomas.
In a paid advertisement published in national newspapers yesterday and addressed to President Fernandez, Ede-Este president Blair Thomas said that during an arbitration hearing initiated by Ede-Este at the International Chamber of Commerce, the lead lawyer for the Dominican government announced that the state intended to unilaterally "take control of Ede-Este."
Mendez asked Blair Thomas yesterday not to judge President Fernandez's administration by words, but rather by actions and concrete measures taken in favor of the three electricity distribution businesses, without favoritism. Mendez emphasized that he was confused by this position, because the Dominican government has given unconditional support to the distributors in the form of subsidies for their operating deficits. He stated that "there is no hostility from the superintendent's office towards any of the three distributors; we apply the law with the same yardstick, for the distributors as well as for the customers."
He announced that the government would shortly be enforcing Law 186-07 that criminalizes stealing electricity. " I don't understand where the Ede-Este executives get this attitude, just based on the opinion of one lawyer in court." For his part, Segura dismissed the idea that the interests of the employees of Ede-Este are at some sort of risk or danger due to the situation between the distributor and the Dominican government.
He said that Blair Thomas is a "hostile partner that has been suing the government, his own partner, in the international markets or in the international courts for US$680 million, instead of coming here to invest together with the state to help the distribution company recover."
More... (http://www.dr1.com/index.html#8)
In a paid advertisement published in national newspapers yesterday and addressed to President Fernandez, Ede-Este president Blair Thomas said that during an arbitration hearing initiated by Ede-Este at the International Chamber of Commerce, the lead lawyer for the Dominican government announced that the state intended to unilaterally "take control of Ede-Este."
Mendez asked Blair Thomas yesterday not to judge President Fernandez's administration by words, but rather by actions and concrete measures taken in favor of the three electricity distribution businesses, without favoritism. Mendez emphasized that he was confused by this position, because the Dominican government has given unconditional support to the distributors in the form of subsidies for their operating deficits. He stated that "there is no hostility from the superintendent's office towards any of the three distributors; we apply the law with the same yardstick, for the distributors as well as for the customers."
He announced that the government would shortly be enforcing Law 186-07 that criminalizes stealing electricity. " I don't understand where the Ede-Este executives get this attitude, just based on the opinion of one lawyer in court." For his part, Segura dismissed the idea that the interests of the employees of Ede-Este are at some sort of risk or danger due to the situation between the distributor and the Dominican government.
He said that Blair Thomas is a "hostile partner that has been suing the government, his own partner, in the international markets or in the international courts for US$680 million, instead of coming here to invest together with the state to help the distribution company recover."
More... (http://www.dr1.com/index.html#8)