NewsWhore
05-25-2010, 02:50 PM
Investigative journalist Alicia Ortega has denounced the attempt to sell 13,500 tareas (8,491,500 square meters) of government property located in Juanillo near the Cap Cana and PuntaCana developments to Russian businesses for a tourism real estate project. Ortega says the transaction would be for US$51 million when the property was appraised at US$212 million two years ago.
Wilson Gomez, national director of real estate title registration, says that the holders of the property cannot legally sell the land because it belongs to the state.
Alicia Ortega reported that the IAD (Dominican Agrarian Institute) had given certificates to the landholders, enabling them to make the sale. But Gomez said: "What the IAD did is absolutely illegal, because they do not own the title or rights to that property," he said.
Ortega reports that Gulf & Western had granted the properties to the Dominican state in 1981. The farmers were given the land that same year, when the state received the property. He said the property would be sold for US$0.70 per meter, when the true value is US$6 per meter.
"They can pay (the Russians with whom the transaction is being made) US$2.70 because we have to take out the cut for the Central Romana and the IAD, and some landholders who say they have not sold out," Vicente Castillo Carela, one of the landholders told Alicia Ortega.
http://noticiassin.com/www/index.php?go=Display&act=display_article&aid=16409&tid=20
More... (http://www.dr1.com/index.html#8)
Wilson Gomez, national director of real estate title registration, says that the holders of the property cannot legally sell the land because it belongs to the state.
Alicia Ortega reported that the IAD (Dominican Agrarian Institute) had given certificates to the landholders, enabling them to make the sale. But Gomez said: "What the IAD did is absolutely illegal, because they do not own the title or rights to that property," he said.
Ortega reports that Gulf & Western had granted the properties to the Dominican state in 1981. The farmers were given the land that same year, when the state received the property. He said the property would be sold for US$0.70 per meter, when the true value is US$6 per meter.
"They can pay (the Russians with whom the transaction is being made) US$2.70 because we have to take out the cut for the Central Romana and the IAD, and some landholders who say they have not sold out," Vicente Castillo Carela, one of the landholders told Alicia Ortega.
http://noticiassin.com/www/index.php?go=Display&act=display_article&aid=16409&tid=20
More... (http://www.dr1.com/index.html#8)