NewsWhore
10-25-2006, 07:00 PM
Spanish company Icasur is asking the Dominican government for US$611.7 million in compensation as a result of the cancellation of a contract with the Office of Public Works, for the right to give out the "revistas" for cars. The Dominican Congress rejected the Icasur contract as "damaging to the interests of the nation". In a letter delivered to the Dominican embassy in Spain, Icasur President Joaquin Alviz Victorio claims that the suit is for failure to comply with the contract. Diario Libre says that Alviz is basing his claims on clauses from the Agreement for the Reciprocal Protection and Promotion of Investment between Spain and the Dominican Republic (APRI) that was signed in 1995. Alviz says that three different companies had interests in performing the vehicular inspections, one of which was apparently the President's preferred option (International Business Trade), which he thought was strange, and that his proposed contract was better for the country than either of the other two offers.
More... (http://www.dr1.com/index.html#6)
More... (http://www.dr1.com/index.html#6)