Inadmissibility recourse rejected

[NewsWhore]

An inadmissibility recourse presented by former Central Bank Governor Jose Lois Malkun in relation to a lawsuit filed by former Baninter President and CEO Ramon Baez Figueroa, was rejected by Judge Delio German of the Fourth National District Instruction Court on Wednesday afternoon. The judge considered that the recourse was untimely, as the Justice Department has not yet presented a decision on the lawsuit. Baez is accusing Malkun of violating the Monetary and Financial Code (183-03) during the Baninter liquidation.

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