Home | Business News | Browse by Publication | N | NotiCen: Central American & Caribbean Affairs

NICARAGUA: GOVERNMENT SAYS IT WILL AGAIN INVESTIGATE FORMER TAX COLLECTOR BYRON JEREZ AFTER U.S. REVOKES HIS VISA.

Publication: NotiCen: Central American & Caribbean Affairs
Publication Date: 07-FEB-02 		Format: Online - approximately 948 words
Delivery: Immediate Online Access

Article Excerpt
Byron Jerez, former head of the Nicaraguan tax revenue agency (Direccion General de Ingresos, DGI), is under investigation in the US for possible money laundering. After US authorities revoked his visa, the Nicaraguan government's auditing arm and the national police said they would re- examine two-year-old corruption charges against Jerez.

Jerez served in the administration of former President Arnoldo Aleman (1997-2002) and was investigated in 2000 as part of a scandal known as the "checazo." An audit by the Contraloria General de la Republic (CGR) found that he could not account for US$600,000 in tax credits he issued to businesses, including some in which he had an interest. Nor could he account for "mystery" checks and questionable purchases the DGI made nor explain his dealings with Jorge Solis, then director of the government-owned Empresa Nicaraguense de Petroleo (PETRONIC).

Facing the damaging...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.