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View Full Version : Sun Land and the ambassador



NewsWhore
02-18-2008, 01:10 PM
Former President Hipolito Mejia is reported to have given the new US ambassador, Robert Fannin, files on the use of state funds for the current presidential election campaign as well as files on the case of the US$130 million Sun Land loan, according to PRD president Ramon Alburquerque. The PRD has taken its complaint on the Sun Land case all the way to the Supreme Court. A recent report in Diario Libre pointed out yet more contradictions in the case. While the government supposedly rescinded the contract and was supposed to pay just six of the 19 notes, it turns out that Bear Stearns has confirmed the payment of 15 of the 19 notes. This news just adds to the confusion surrounding the case, where the President told newspaper editors that the notes were not part of the "public debt", and just a few days later it was revealed that the notes were, indeed, part of the public debt.

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