Economy

Economy June 14, 2017 | 12:56 pm

Paris court orders power company to pay State US$30.0M

Santo Domingo.-The International Arbitration Court in Paris ordered the Dominican Government's private partner in the EGE-Haina power company to pay US$30 million to the Reformed Companies Capital Fund (Fonper), which stem from former State-owned industries. The Court found that the terms of the agreement between Haina Investment Co. (HIC) and Fonper didn't correspond to EGE-Haina's income tax ... Read more

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