Claiming Access to Information on Puerto Rico's Public Debt



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July 25, 2018, 16:07 San Juan, July 25 (Prensa Latina) The Citizens Commission for the Comprehensive Audit of Public Credit today asked for access to Puerto Rico's debt information, in a protest against

Protesters, with black bandages on the eyes, expressed concern over limited access to information about the company. 39; investigation by the Financial Supervisory Board (JSF), which gave rise to a hearing judicial proceeding within the bankruptcy mechanism of the Government of Puerto Rico

The syndicalist Roberto Pagán, chairman of the Commission for the 39 full audit, denounced the fact that the Puerto Rican people is forced to pay this debt, but did not have access to information

"Now with the announcement of the presentation of the report on the investigation conducted by the tax audit board and the Kobre & Kim firm, one tells us that access to Pagán warned that there is even no guarantee that people have access to the report, unless it is approved by the Supervisory Board budgetary.

He felt that this was unfortunate because the JSF refuses not only to do an audit, but insists on the impossibility of accessing related information.

The Citizens Commission for Comprehensive Audit has submitted several requirements to the Government Development Bank (GDB), the Fondo de Interesés Apremiante (Cofina) and the Financial Advisory Authority and the Tax Agency (Aafaf), but the government refused to provide the information requested.

The investigation conducted by the firm Kobre & Kim, stated, arises at the request of the Committee of unsecured creditors to conduct an investigation into the responsibility of banks in the debt of Puerto Rico.

Pagán indicated that both the government and the JSF, together with related banking institutions, opposed groups of creditors to conduct their own investigation, while the firm Kobre & Kim was hired by the JSF to conduct a debt survey. In the same vein, the firm interviewed hundreds of people, including officials and former employees of the Puerto Rico executive, and collected thousands of documents, including memos, electronic communications and important documents.

Kobre & Kim now announces that it has signed non-disclosure agreements with the institutions under investigation and that the documents and information collected will not be available for the consideration of the people of Puerto Rico.

Professor Luis José Torres Asencio, also a member of the Citizens Commission, commented that "no claim of confidentiality can prevail over the interest of the population in accessing information about the population. accumulation of all this debt for more than

"While the debt is used as a pretext To lay off employees and eliminate acquired rights, reduce or eliminate government services and privatize agencies and sell land of high ecological value or agricultural, the people are deprived of their right to examine all information about it, "he ratified.] oda / nrm

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