NewsWhore
08-21-2009, 03:40 PM
The Cooperative Credit and Development Institute (Idecoop) has frozen the bank accounts of the National Institute for Hydraulic Resources (Indrhi) after discovering that Indhri was using the funds of its employees deposited in the cooperative. Pedro Corporan, director of Idecoop, explained that during the administration of Hector Rodriguez Pimentel, employees funds were allocated to Indrhi operations. President Leonel Fernandez moved Rodriguez Pimentel to the Dominican Agrarian Institute (IAD) last week, after weeks of investigative press coverage revealing proofs of widespread corruption while he was at the helm of Indrhi.
Idecoop is now asking Indrhi to pay up RD$12 million so the cooperative doesn't go bankrupt due to illiquidity.
Indrhi's new director, Frank Rodriguez, is asking for a court order so he may regain access to the Indrhi bank accounts.
More... (http://www.dr1.com/index.html#11)
Idecoop is now asking Indrhi to pay up RD$12 million so the cooperative doesn't go bankrupt due to illiquidity.
Indrhi's new director, Frank Rodriguez, is asking for a court order so he may regain access to the Indrhi bank accounts.
More... (http://www.dr1.com/index.html#11)