NewsWhore
08-26-2010, 04:30 PM
With debts to suppliers reportedly standing at RD$162 million and a payroll of RD$19 million, the new mayor of Santiago has his hands tied in his first days at the helm of the city government, as reported in Diario Libre. According to reports, more than 3,800 employees on the Santiago municipality payroll were not paid on 25 August as due because of a garnishee order, whereby a court instructed a bank that funds held on behalf of a debtor should not be released until directed by the court. The decision comes as new Santiago Mayor Gilberto Serulle takes over from his eight-year predecessor Jose Enrique Sued. Serulle told the press that banks would grant him a loan to pay the wages to municipal workers. He said payments would start with city council employees who make less than RD$10,000 a month. He said he has inherited a city in a state of neglect and arrears that impede any efficient operations. City treasurer Tomas Regalado said they are working on mechanisms to unblock the municipal accounts.
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