The Attorney General’s Office (PGR) announced the opening of an investigation against the company Inversiones Agrícolas, Ganaderas y Bursátiles SA (Inagbsa). This action by the Ortega entity comes after an investigation by La Prensa, which revealed that said company is trying to buy 40 thousand blocks of land in Bluefields at ridiculous prices under the endorsement of Laureano Ortega, presidential advisor and son of the dictatorial couple.
The acquisition of the land lots would be for the construction of a deep-water port, one of the fantasy projects of the Ortega Murillo dictatorship. The newspaper points out that the initial price offered to the community members was 900 dollars per block, but due to the refusal of its owners, they have lowered the prices to 400 dollars.
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“Here the deep-water port project has begun to be sold as water, there are threats, people are afraid,” a community member told the newspaper La Prensa. The official note from the PGR gives an “alert” to the population of the Caribbean Coast about the company and washes its hands of it, arguing that the regime “has no ties” with the company.
“(The Government) … has not authorized this (the company), on behalf of the State of Nicaragua, to carry out acquisitions or negotiations for the purchase of properties,” points out point 1 of the PGR document.
The state entity ensures that the company Inversiones Agrícolas, Ganaderas y Bursátiles SA (Inagbsa) is a “legal entity that was recently established, which has not completed the essential requirements for its operation, such as registration in the Registry of the Final Beneficiary ».
In addition, he explains that the case is being investigated by the National Police because they are “criminal acts that must be reported to the competent authorities.”
The deep water port
The Nicaraguan authorities have reported, through official media, that the construction of the port will cost about 360 million dollars in its first stage, a figure that will rise to 600 million dollars when the project is fully completed, without specifying dates.
The port will offer an internal interoceanic and multimodal route open to international trade, to respond to the demand for maritime transport to the East Coast of the United States, Central America, Caribbean countries, Europe, South America and in general all countries that have ports in the Atlantic Ocean.
Currently, Nicaragua receives the majority of merchant ships at the Corinto port, located on the Pacific coast, 152 kilometers northwest of Managua.
The terminal that connects the Central American country with the Caribbean Sea is the one called “Arlen Siu”, in the municipality of El Rama, on the banks of the Escondido River, 292 kilometers east of the capital.
