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In a very controversial maneuver, the Minister of Finance, Nicolás Dujovne, has been involved in controversial cases. The construction company of the President of the United States, Donald TrumpHe left a mega job in Uruguay and the manager took advantage of this situation.
As revealed by the international portal The New York Times, the emporioTrump is expected to have completed by 2016 a sea-facing tower of 156 condominiums and 25 floors, with several swimming pools and a rooftop helipad, in the city of Point of East. Now, the estimated date would be in 2020, although the people involved in the project said they were not sure if it would end or when it would happen.
It's because construction is going very slowly, partly because at the moment less than a quarter of the workers needed work. For this reason, some buyers are now looking to sell their units, which could lead to a fall in prices at the same time the project has to generate cash by selling new units.
As with other international developments, the Trump organization is not the one that builds the Punta del Este tower. On the contrary, he granted the license the use of the name "Trump" in exchange for a commission on the sale of shares.
However, the minister's father, Berardo Dujovne, is part of the team that must build the tower. According to this data, the newspaper indicates that sources close to the minister claimed that he was a key player in the design of the contract, which also attempted to sell condominiums in the property.
In this sense, some of the people who agreed to buy condominiums have faced legal problems in their home country, including charges of tax evasion. According to the real estate files examined by The New York TimesAmong the buyers were at least twenty-one companies registered in offshore or tax-advantaged countries, such as Panama and Belize.
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