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NewsWhore
03-22-2007, 03:30 PM
The AES Corporation has deposited US$6 million (RD$200 million) into the World Fargo Bank in New York and now it's just a matter of time before the Dominican government withdraws the funds. Diario Libre quotes Environment Minister Max Puig who says that the funds have been in the bank account since last week. The funds deposited by AES are part of an out-of-court settlement reached between AES and the Dominican government. AES Corporation was on trial for illegally dumping more than 50,000 tons of rock ash, also known as fly ash, in Samana and Montecristi provinces. As part of the agreement the rock ash material must be disposed of within the first 120 days after the money is deposited into the bank account. The money will also be used to pay court and legal fees.

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