NewsWhore
09-28-2007, 03:20 PM
The Santo Domingo City Hall (ADN) wants the central government to pay the RD$418.7 million debt accumulated by bus union Fenatrano. The debt was contracted when the former mayor of Santo Domingo, Johnny Ventura agreed to guarantee a commercial bank loan so that Fenatrano-affiliated bus owners could replace their vehicles. With bus owners falling into arrears, the Banco de Reservas is now demanding payment from the guarantor, the Santo Domingo municipality.
Hacienda Minister Vicente Bengoa has rejected a proposal from the ADN for the Office for the Reorganization of Transit (OPRET, better known as the Metro Office) to take on the debt. He rejected the request for the government to take on more private debt. Diario Libre is reporting that if the debt isn't paid, BanReservas will begin discounting the money from the ADN bank accounts. Bengoa said it was absurd that Fenatrano doesn't want to pay for its commitments. He called for Fenatrano owners to meet their responsibilities.
Fenatrano leader Juan Hubieres said that the union would pay the debt, which was taken out in 2002. He was defiant in his response and said you would never read a letter by him asking for help from this or any other government. Hubieres also took a shot at Bengoa and said that the Minister should be out looking for those who stole billions in the pension mafia scandal instead of going after the drivers.
More... (http://www.dr1.com/index.html#11)
Hacienda Minister Vicente Bengoa has rejected a proposal from the ADN for the Office for the Reorganization of Transit (OPRET, better known as the Metro Office) to take on the debt. He rejected the request for the government to take on more private debt. Diario Libre is reporting that if the debt isn't paid, BanReservas will begin discounting the money from the ADN bank accounts. Bengoa said it was absurd that Fenatrano doesn't want to pay for its commitments. He called for Fenatrano owners to meet their responsibilities.
Fenatrano leader Juan Hubieres said that the union would pay the debt, which was taken out in 2002. He was defiant in his response and said you would never read a letter by him asking for help from this or any other government. Hubieres also took a shot at Bengoa and said that the Minister should be out looking for those who stole billions in the pension mafia scandal instead of going after the drivers.
More... (http://www.dr1.com/index.html#11)