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January 28, 2022
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Senator warns about “epidemic” trust and protect Punta Catalina

Senador alerta sobre “epidemia” fideicomiso y proteger a Punta Catalina

The senator Aris Yvan Lorenzo, spokesman for Dominican Liberation Party (PLD) on the High camera, today called on Dominicans to prevent the consolidation of the trust to administer the Punta Catalina Thermoelectric Power Plant (CTPC)decreed by the President Louis Abinader.

Citing as an example the criticism made of this mechanism by the president of Honduras Xiomara Castro, in his swearing-in speech, Lorenzo stated that “Apparently the trusts” in the electricity sector represent an epidemic that is spreading throughout the region

“It seems that trusts in the electricity sector are an epidemic that is spreading throughout Latin America. President @XiomaraCastroZ strongly condemned their scam in Honduras. We Dominicans have the challenge of preventing them from swindling us with the PC trust,” he wrote on his Twitter account.

The representative of Elías Piña, who was invited by Castro At the swearing-in ceremony in the Central American country, she posted a video on her social network in which the President is also heard reviewing the onerous contracts in the energy sector and the appointment of representatives who in turn represent the commercial part.

They gave the administration in three trusts. They granted an onerous measurement and loss reduction contract, which actually increased them. Dozens of solar, thermal and hydroelectric power generation contracts have been awarded, at onerous and harmful pricesCastro pointed out.

Abinader issued decree decree 538-21 with which he established the constitution of a public trust, administration, investment, operation and source of payment, called Punta Catalina Thermoelectric Power Plant Public Trust (CTPC Trust).

In addition, he ordered the formation of a technical committee chaired by the businessman Celso Jose Marranzini Perez, and composed of Joseph Louis Actis, vice president, and Noel Baez Paredes, secretary, while George Angel Reinoso Nunez Y John A. De Armasthey will be members.

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