NewsWhore
09-20-2010, 02:30 PM
The administration of National Assets (Bienes Nacionales) has sold part of the steel from the Cruz de Manzanillo Project railways system for at least RD$15 million to a company that was bought in the law offices of Legal Express just two days before the tender. In a report by Nuria Piera on her program "Nuria Journalistic Investigation", she said that more than 4,000 tons of scrap was assigned to the company out of the 90,000 tons stored in the project's yards, which has a total value of RD$300 million. What attracted the researchers' attention was the fact that the tender offer for the sale of the scrap was issued 72 hours beforehand, when Law 340-06 on Government Purchases establishes that there should be 22 days between publication of the tender and the deadline for accepting offers. Even more interesting, she says, is the fact that the winning company was purchased just two days before the tender was published.
The controls in place also establish that only accredited scrap exporters were allowed to bid in the tender, and paperwork from the Center for Exports and Investments (CEI-RD) indicated that the company did not have any certification.
The investigation also exposed the fact that the shareholders listed for the Corporation Royal SRL in the Chamber of Commerce are Ramy Hout, the lawyer who sold the company and his messenger, but neither of the two appeared as shareholders or representatives in the multi-million-peso transaction. In addition, the announcement of the tender was only published in El Nuevo Diario. The regulations require publication in the country's two highest circulation newspapers.
More... (http://www.dr1.com/index.html#9)
The controls in place also establish that only accredited scrap exporters were allowed to bid in the tender, and paperwork from the Center for Exports and Investments (CEI-RD) indicated that the company did not have any certification.
The investigation also exposed the fact that the shareholders listed for the Corporation Royal SRL in the Chamber of Commerce are Ramy Hout, the lawyer who sold the company and his messenger, but neither of the two appeared as shareholders or representatives in the multi-million-peso transaction. In addition, the announcement of the tender was only published in El Nuevo Diario. The regulations require publication in the country's two highest circulation newspapers.
More... (http://www.dr1.com/index.html#9)