PAWA owes millions
The Dominican airline PAWA was suspended from operations on 30 December, 2017. It has several creditors, for around US$38,131,848 both in the Dominican Republic and overseas including airport offices, hotels, insurers, telephone companies, taxis, electricity and even a clinical laboratory. It is thought the amount might be even more. Details of the debt are contained in a resolution issued on 12 March 2018 by the Restructuring and Liquidation Court in the National District.
The highest amounts owed are US$2,431,864 to insurers, Seguros Sura, US$1,994,358 to IATA Geneva (in Switzerland), US$1,264,358 to Aeropuertos Dominicanos Siglo XXI and US$1,110,628 to World Fuel Services (Miami).
There is a complaint pending issued against PAWA Dominicana and the president of its Administration Board, Simeón Rafael García Rodríguez, by the Dominican Civil Aviation Institute (IDAC) and the Civil Aviation Board (JAC), asking for an investigation into alleged abuse of trust and supposed money laundering.
García Rodríguez is Venezuelan but obtained Dominican nationality in 2016 awarded by President Danilo Medina under the privileged category. He is currently abroad.
Source: Dr1, DiarioLibre
May 5, 2018
Category: DR News |