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NewsWhore
10-17-2006, 02:30 PM
The Department for the Prevention of Corruption (DEPRECO) has indicted former vice president of the Dominican Corporation of State-Owned Electric Companies (CDEEE), Cesar Sanchez, for the irregular management of RD$2.168 billion in sovereign bonds meant for the Electric Highway. The charges against Sanchez include prevarication, misappropriation of funds, falsehood in public and banking documents. According to a report in Diario Libre, DEPRECO director Octavio Lister considers that the illegal activities Sanchez is accused of have damaged not only the state but also society at large, particularly in the northern region of the country.

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