NewsWhore
05-14-2007, 05:50 PM
President Leonel Fernandez has created the Fund for Development and Financing of the Transport Sector. Once again taxpayer money will be used to fund the purchase of new vehicles for city transport. The new fund will be overseen by OPRET, the new government agency in charge of building the Santo Domingo metro, and which recently announced plans to build trains for the transport of goods and cargo nationwide over a 50- to 100-year period.
The decree, reported in Diario Libre, establishes that the fund will start using Plan Renove money. Plan Renove was a notorious transport renovation plan undertaken during the Mejia administration in which major beneficiaries and leading transport companies were sentenced for corruption. The decree also establishes that the fund will receive allotments from the National Budget and credit from domestic and international commercial banks. Its board members will include representatives of Conatra, Fenatrano and Fenatrado, leading transport unions that have frequently been cynically referred to as "the owners of the country," for their constant success in securing millions of dollars worth of benefits from successive Dominican governments while maintaining a transport monopoly.
More... (http://www.dr1.com/index.html#3)
The decree, reported in Diario Libre, establishes that the fund will start using Plan Renove money. Plan Renove was a notorious transport renovation plan undertaken during the Mejia administration in which major beneficiaries and leading transport companies were sentenced for corruption. The decree also establishes that the fund will receive allotments from the National Budget and credit from domestic and international commercial banks. Its board members will include representatives of Conatra, Fenatrano and Fenatrado, leading transport unions that have frequently been cynically referred to as "the owners of the country," for their constant success in securing millions of dollars worth of benefits from successive Dominican governments while maintaining a transport monopoly.
More... (http://www.dr1.com/index.html#3)