American Expatriate Costa Rica

Commission to investigate BCR credits related to Chinese cement

After a day of discussions, a Special Investigation Commission was approved to analyze everything related to the loans granted by the Bank of Costa Rica, including the $20 million to import Chinese cement, which has caused many controversy.

The motions presented on Tuesday by the National Liberation (which was withdrawn) and by Mario Redondo (which was voted against) were left behind and a consensus was presented among several fractions that was voted at the end of Wednesday’s session.

The 42 deputies present voted in favor of the new commission that will investigate the operations of the BCR and Banco Popular, not only regarding the loans to Sinocem, but also other operations.

This new group that will be created in the next four business days will have the presence of three legislators from National Liberation, two from the Citizen Action party, and one from Frente Amplio, Christian Social Unity, Libertarian Movement and one more of the other fractions.

Four of the seven members of the Commission of Control of Income and Public Expenditure who have held constant meetings with Chinese cement entrepreneur Juan Carlos Bolaños, reacted annoyingly to the proposal to create a new special commission to investigate the credit of the BCR.

Some legislators like Luis Vazquez from PUSC and Otto Guevara from Libertario were against the creation of this committee. Even so, Vázquez voted in favor.

crhoy.com