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View Full Version : Icasur exec sought for fraud



NewsWhore
11-14-2006, 04:30 PM
It is now known that the chief executive of Icasur, the company chosen by Public Works Minister Freddy Perez for offering motor vehicle inspection services is considered the top swindler on the International Police (Interpol) most wanted list. Listin Diario reports that Icasur's executive is now a fugitive from the Madrid Police. Alviz is wanted in El Salvador for his involvement in a multi-million dollar fraud scandal. Perez sent a multi-million contract to Congress that was criticized in the local press for being harmful to Dominican interests. Public pressure resulted in the Chamber of Deputies rejecting the contract that had been received from the Executive Branch. Shortly after, the company reportedly sued the Dominican government for US$611 million for the cancellation of the "revista" sticker contract on the grounds that this breached the Agreement for the Reciprocal Protection and Promotion of Investment between Spain and the DR (APRI) that was signed in 1995. This was the second time the contract was considered by the Dominican government since during the Hipolito Mejia administration, then Public Works Minister Miguel Vargas Maldonado had endorsed the contract that was sent to Congress for approval but did not move beyond the Senate.
Spanish newspapers report that Alviz can remain free, living in his homes in Madrid and Caceres because the 1997 extradition treaty between Spain and El Salvador excludes the extradition of Spanish nationals.
The rejected Icasur contract established that the Dominican state would have to compensate Icasur with up to 60% of the prices established per year for vehicles that had not been inspected. It also grants the company 20 years exclusive rights to inspect vehicles. If the state wanted to rescind the contract, it would have to compensate Icasur for what it would have charged the vehicles it would have inspected during this time frame. Icasur would collect RD$270 for each inspection and would pay the government RD$50. These prices would be adjusted.
True vehicle inspections are rare, and these serve primarily as an additional revenue-producer for the government.

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