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Pensions Scandal for Dominican Government

 
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Joined: 06 Nov 2006
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PostPosted: Wed Nov 08, 2006 3:25 pm    Post subject: Pensions Scandal for Dominican Government Reply with quote

Pensions Scandal for Dominican Government

A RD$50 million embezzlement was uncovered this week leading to the instant dismissal of the director of the Finance Ministry’s Pensions and Retirements Department, the assistant director, the head of the Informatics section, and 15 other employees. The Reservas bank had recently stated its surprise at the number and value of pensions assigned to young people. The swindlers were cashing checks of pensioners, receiving deceased people's benefits, and claiming other funds which had been lost in red tape. Charges are being filed against all persons found implicated.
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