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Dominican Republic’s is the only Lottery to go broke

Santo Domingo.- Dominican Republic’s National Lottery has earned the  ominous title of being the first such agency to go broke, and forcing  president Leonel Fernandez to transfer its administration to the  Internal Taxes Agency, ironically considered the most official of all  government entities.

Since 1997 the Lottery lost its credibility when a ring headed by the  now fugitive Frederick Marzouka scammed it out of more than RD$90  million by manipulating drawings, among others irregularities.

Most of its administrators have been involved in scandals, including  the most recent, Enrique Martinez, whose wife, La Romana senator  Amarilis Santana, was given Lottery funds even while campaigning for the  congressional seat.

Its fate was sealed early last week when Fernandez signed into law a  repeal of the Lottery’s function of collecting the taxes from the  country’s thousands of betting parlors.

Martinez, who until Friday was its administrator, affirms that the  agency should receive more than RD$100 million per month, gets only  RD$30 million for expenses such as payroll, and notes that it operates  with a RD$14 million deficit.

But adding insult to injury, Fernandez named as its new  administrator, Jose Francisco Peña Tavárez, son of Jose Francisco Peña  Guaba, whose tenure as Lottery chief was marked with scandal.

Source: Dominican WatchDog

Category: DR News |

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Last updated December 4, 2016 at 11:02 PM
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