Insurance chief fights back, asks where’s the US$26.0M?

Santo Domingo.- Insurance superintendent Euclides Gutierrez on Wednesday slammed newspaper Diario Libre and its owners, one day after the leading daily filed suit against him, for allegedly violating the Free Access to Information Law, in the case of the bankrupt insurance company, Segna, SA.

“I want the owners of Diario Libre to tell the country where the US$26.0 million from Segna were deposited abroad,” the official said in relation to the alleged money embezzled during the liquidation process of the bankrupt insurance company.

Gutierrez’s statement is the latest salvo pitting Diario Libre and its parent company Omnimedia, owned by telecom and media mogul Manuel A. Pellerano, in the row over the allegedly missing money from Segna.

"We reserve the right to file the legal actions we deem appropriate against the director of Diario Libre and its owners,” the newspaper quoted the official as saying on November 1.