NewsWhore
11-14-2007, 01:00 PM
The Supreme Court (SCJ) has sent the files on the controversial Sun Land financial transactions to the Attorney General's office. The case was presented to the court by the PRD political party and the Alternative Social Forum who have argued that the deals for US$130 million and US$200 million were in violation of the Constitution, which says that Congress needs to approve government borrowing from abroad. The PRD wants the Sun Land loan for US$130 million to be declared null and void. The agreement was for Sun Land to fund the construction of 11 projects, including several state university campuses in cities around the country. The deal was backed by a series of 19 IOUs signed by Freddy Bautista, the head of the Office of Supervising Engineers for Public Works, with express authorization from President Leonel Fernandez. The government recently released an addendum to the contract authorizing that instead of the 11 contracted works only five would be built for the same amount.
More... (http://www.dr1.com/index.html#7)
More... (http://www.dr1.com/index.html#7)