The political scientist and researcher Umanzor Lopez Baltodano said that the Central American Bank for Economic Integration (CABEI) “has not taken into account, surely because of the position of its director —Dante Mosi—, the high levels of corruption that clearly demonstrate where the funds destined for Nicaragua are going.”
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“Obviously these are funds that do not help Nicaragua’s sustainable development, but to the maintenance of a corrupt, authoritarian and personalist regime like Ortega’s”, added the political scientist.
He also indicated that all the investigative work that is being carried out to denounce the position of CABEI and other financial institutions at a global level is “extremely relevant, because although the regime constantly tries to wash its face when it comes to corruption, the figures They are forceful.”
López Baltodano recalled that Nicaragua is the third most corrupt country in Latin America, “so financial institutions —such as CABEI— will have to ask themselves who they lend that money to and what this corrupt government uses that money for.”
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On the other hand, the researcher highlighted the “good work” that opposition groups in exile, independent media and human rights defenders have carried out, “by documenting that the money really goes to support Ortega’s circle of power, but also to the repression and the violation of human rights throughout the country”.
Regarding a democratic transition, Umanzor López said that it is “a task that must be done; Democracy must be built every day. The opponents must generate a coherent, civic, democratic and recognizable group for all the actors, thus cultivating an anti-corruption culture.
CABEI, a multilateral development bank, currently has 25 “active loans” to finance the dictatorship of Daniel Ortega, with approved funds totaling more than 3.5 billion. According to the agreements, these funds will be used in infrastructure projects, but the lack of transparency of the dictatorship calls into question the implementation of this money.
The independent organization Urnas Abiertas also joined the demand that Dante Mossi respond to the accusations of financing a dictatorship like that of Ortega and Murillo. It also showed a database where they analyze the Public Investment Program in the execution of 1,030 projects and 5,473 investment works in the period 2017-2021.
