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View Full Version : Many perks at the Central Bank



NewsWhore
09-11-2007, 04:40 PM
PRD president Ramon Alburquerque, speaking in the Listin Diario, is reviving the controversy that Central Bank governor Hector Valdez Albizu is overpaid and presented documents that show that Valdez makes over RD$2.1 million per month, with perks and salary. Alburquerque criticized President Leonel Fernandez for giving his government employees millionaire contracts and juicy contracts, while the public has meager monthly salaries. Though Valdez has denied that he makes such an exorbitant amount the Listin today carried a graph with "Total Revenues of the Central Bank President" reporting on a base salary of RD$600,000 with RD$200,000 in representation costs, RD$150,000 in incentives and RD$50,000 for vehicle use. The document also reports RD$30,000 for gasoline, RD$50,000 for vacations, an RD$100,000 birthday bonus, RD$137,000 for his children's education and RD$600,000 as a Christmas salary. The governor also receives RD$12,500 for health insurance, RD$12,500 for medicines, RD$90,000 for unused per diem, RD$12,500 for gym and club memberships, RD$50,000 for chauffeurs, and RD$50,000 for food and supermarket purchases. Alburquerque says that Valdez makes upwards of RD$25 million per year and that he also has access to a credit card without a limit. Valdez would be making more than US President George Bush and Irish President Mari McAeenee.

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